Suburb Profile Report for Avoca Beach NSW (2251)

Avoca Beach House: Median price $785,000, Annual capital growth 3.75%, Number of sales 104, Weekly median advertised rent $573

Avoca Beach Unit: Median price $660,000, Annual capital growth 0.96%, Number of sales 36, Weekly median advertised rent $510

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 0.32% for the last year, Avoca Beach, 2251 is the 2789th highest performer in Australia in this respect.

While Avoca Beach,2251 ranked number 1081th in NSW for increase in median house value (annualised) increase, it is ranked 746th over the last 5 years.

Avoca Beach2251 is located in NSW which offers an average discount of -5.53% to property investors. Avoca Beach itself is showing figures that indicate -5.65% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Avoca Beach have been waiting around 78.43 days to sell a property.

The NSW suburb of Avoca Beach, 2251 is in the Gosford local government area.

If you compare the increase in value of investment property in Avoca Beach, 2251 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.81%.

Avoca Beach,2251 was ranked 641 in Australia by increase in median property value over the quarter.

Avoca Beach2251 is located in NSW which offers an average discount of -4.48% to property investors. Avoca Beach itself is showing figures that indicate -5.37% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Avoca Beach the average time real estate has been on the market is 99.28 days.

Situated 47.49km from the CBD, Avoca Beach is one of Gosford localities in the postcode 2251.

HOUSE UNIT
$785,000 $660,000
-1.57% 1.15%
0.32% 16.81%
3.75% 0.96%
$573 $510
104 36
3.79% 4.02%
78.43 99.28

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Avoca Beach NSW
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
Chart Table
Recent sales & rentals