Suburb Profile Report for Heathcote NSW (2233)

Heathcote House: Median price $876,000, Annual capital growth 6.41%, Number of sales 63, Weekly median advertised rent $625

Heathcote Unit: Median price $657,500, Annual capital growth 5.36%, Number of sales 21, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 2817th in the list of Australian suburbs ordered by increase in median house value over the last year, Heathcote, 2233 is in the BOTTOM 40% with a property value increase of 0.11% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Heathcote comes in at number 662th in NSW.

Heathcote, 2233 is offering NSW ‘s 370th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

In the last year 63 properties changed hands in Heathcote, which puts it as the 514th most active market in NSW when comparing the number of sales per suburb.

A $625 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 6.41%.

Investment property in Heathcote has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.15%

While Heathcote,2233 ranked number 225th in NSW for increase in median house value (annualised) increase, it is ranked 261th over the last 5 years.

Vendor discounting in Heathcote is giving property investors an average Vendor Discount of around -6.53%. This puts suburb at number 41th in NSW when ranking the most discounted suburbs.

Heathcote is 349th on a list of best yielding suburbs for rents in NSW with a 3.95% return

YIP MAG Information supplied by:

YIP MAG
April 2015

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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
HOUSE UNIT
$876,000 $657,500
-0.79% 1.15%
0.11% 1.15%
6.41% 5.36%
$625 $500
63 21
3.71% 3.95%
58.33 49.35

Source: CoreLogic

DSR Score for property investment : Good (U), Excellent (H)
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
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Recent sales & rentals