Suburb Profile Report for Avoca Beach NSW (2251)

Avoca Beach House: Median price $860,000, Annual capital growth 4.55%, Number of sales 84, Weekly median advertised rent $530

Avoca Beach Unit: Median price $770,000, Annual capital growth 1.53%, Number of sales 31, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Avoca Beach, 2251 have given investors a capital gain of 7.50%. This compares averagely with the 9.74% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Avoca Beach has increased when compared to the 5 year average annual rate.

Avoca Beach, 2251 is offering NSW ‘s 275th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

Giving property investors a a solid capital gain of 19.38% for the last year, Avoca Beach, 2251 is the 157th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Avoca Beach,2251 has racked up an average of 19.38% over the period. This ranks it number 90th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -5.26% to buyers in Avoca Beach at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$860,000 $770,000
4.37% 6.95%
7.50% 19.38%
4.55% 1.53%
$530 $500
84 31
3.20% 3.38%
61 71.86

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4317
Median household income ($/weekly) 1458
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 696 16.1
    25-34 years 354 8.2
    35-44 years 644 14.9
    45-54 years 684 15.8
    55-64 years 581 13.5
    Others 1359 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 1675 55.0
    Not Married 1120 36.8
    Defacto Relationship 251 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3336 81.1
    Papua New Guinea 66 1.6
    South Africa 62 1.5
    United Kingdom 424 10.3
    Other 55 1.3
    Others 169 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 50 1.3
    Christianity 2910 73.4
    Hinduism 6 0.2
    Other Religious Groups 9 0.2
    No Religion 977 24.6
    Others 14 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 118 9.2
    $1,000-$1,249 116 9.0
    $1,500-$1,999 178 13.8
    $2,000-$2,499 135 10.5
    $2,500-$2,999 137 10.6
    Others 604 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1207 37.5
    Not in the labour force 1011 31.4
    Employed, worked part-time 782 24.3
    Employed, away from work 123 3.8
    Unemployed, looking for work 93 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 265 12.5
    Professionals 613 29.0
    Technicians & trades workers 313 14.8
    Community & personal service workers 229 10.8
    Clerical & administrative workers 283 13.4
    Others 412 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 90 7.5
    Infants/Primary 456 37.9
    Secondary 357 29.7
    Technical or Further Educational Institution 98 8.2
    University or other Tertiary Institutions 161 13.4
    Others 40 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3559 88.8
    Semi-detached, row or terrace house, townhouse 212 5.3
    Caravan, cabin, houseboat 125 3.1
    Flat, unit or apartment 104 2.6
    House or flat attached to a shop, office 9 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 624 43.0
    Fully owned 535 36.8
    Rented 290 20.0
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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