Suburb Profile Report for Heathcote NSW (2233)

Heathcote House: Median price $960,000, Annual capital growth 6.99%, Number of sales 64, Weekly median advertised rent $650

Heathcote Unit: Median price $802,750, Annual capital growth 7.34%, Number of sales 22, Weekly median advertised rent $505

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Heathcote have tracked close to the NSW average of 11.06% over the last 12 months.

Comparing Heathcote,2233 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -3.77% to buyers in Heathcote at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Heathcote the average time real estate has been on the market is 35.26 days.

Advertised rents are around the $650 mark per week – giving a return of 3.52% based on the median price in Suburb

Property investors who have had real estate in Heathcote, 2233 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.00%

Across a shorter period, Heathcote, 2233 has seen a median price increase of 1.87% over the last quarter.

The most recent median price for Heathcote is $802750, with sellers offering an average of -5.75% off the asking price.

At number 35 in a list of fastest selling suburbs, Heathcote is in the TOP 10% of suburbs in Australia with an average of days on market 26.5 for properties listed there.

A $505 per week rent on the median house gives suburb investors a gross yield of circa 3.27%, without taking into account capital value appreciation, which has been averaging out at 7.34%.

YIP MAG Information supplied by:

YIP MAG
April 2015

M
O

W
E
Full summary
Located 36km south of Sydney’s CBD, Heathcote sits well away from inner-city life.

Nestled between two national parks, the quiet outdoor lifestyle this suburb offers is appealing to many families.

Although nature and parks are right on Heathcote’s doorstep, this doesn’t mean there is a lack of local amenities.

Transport infrastructure connects this outer suburb to Sydney via train or bus.

The nearby Princes Highway means a drive to the CBD will take around 50 minutes.

A good selection of shops are available at John Paul Village, along with three schools, sports grounds, skating rinks, a medical centre, parks and a variety of restaurants.

Heathcote provides mix of old and new, offering a wide variety of available property.

Some three-bedroom family houses sell for as little as $415,000, however, more prestigious four-bedroom homes on large properties can cost upwards of $800,000 
Close
Metrics i HOUSE UNIT
$960,000 $802,750
1.59% 1.87%
9.28% 22.00%
6.99% 7.34%
$650 $505
64 22
3.52% 3.27%
35.26 26.5

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
Find a mortgage broker in Heathcote NSW
Demographics
Total population 5977
Median household income ($/weekly) 1598
Median age of persons 39
Median housing loan repayment ($/monthly) 2357
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 754 12.6
    25-34 years 568 9.5
    35-44 years 829 13.9
    45-54 years 823 13.8
    55-64 years 687 11.5
    Others 2317 38.8
    Age Group
    Census Count Percent(%)
    Registered Married 2511 56.9
    Not Married 1634 37.0
    Defacto Relationship 270 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5191 89.2
    Papua New Guinea 47 0.8
    South Africa 33 0.6
    United Kingdom 288 4.9
    Other 67 1.2
    Others 195 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.5
    Christianity 4613 81.1
    Islam 3 0.1
    Other Religious Groups 20 0.4
    No Religion 1019 17.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 158 8.8
    $600-$799 135 7.5
    $1,500-$1,999 234 13.0
    $2,000-$2,499 238 13.2
    $2,500-$2,999 187 10.4
    Others 851 47.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1838 39.3
    Not in the labour force 1536 32.9
    Employed, worked part-time 1013 21.7
    Employed, away from work 177 3.8
    Unemployed, looking for work 108 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 355 11.7
    Professionals 578 19.1
    Technicians & trades workers 520 17.2
    Community & personal service workers 350 11.6
    Clerical & administrative workers 563 18.6
    Others 663 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 129 9.2
    Infants/Primary 492 34.9
    Secondary 440 31.3
    Technical or Further Educational Institution 126 8.9
    University or other Tertiary Institutions 189 13.4
    Others 32 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4916 86.6
    Semi-detached, row or terrace house, townhouse 620 10.9
    Flat, unit or apartment 51 0.9
    Caravan, cabin, houseboat 49 0.9
    House or flat attached to a shop, office 38 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 886 44.7
    Fully owned 859 43.4
    Rented 192 9.7
    Other tenure type 44 2.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals