Suburb Profile Report for Green Point NSW (2251)

Green Point House: Median price $713,500, Annual capital growth 4.97%, Number of sales 96, Weekly median advertised rent $540

Green Point Unit: Median price $455,000, Annual capital growth 5.76%, Number of sales 17, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Green Point has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.25% to date .

Green Point,2251 was ranked 1714 in Australia by increase in median property value over the quarter.

Property buyers and investors in Green Point 2251 should be seeing an average reduction in asking price of around -3.82% . This means that Green Point is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Green Point have been waiting around 46.77 days to sell a property.

Renters in Suburb are facing rents around $6480 per annum or $540 every week.

If you compare the increase in value of investment property in Green Point, 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 18.18%.

While Green Point,2251 ranked number 222th in NSW for increase in median house value (annualised) increase, it is ranked 185th over the last 5 years.

Situated 48.86km from the CBD, Green Point is one of Gosford localities in the postcode 2251.

HOUSE UNIT
$713,500 $455,000
1.93% 2.25%
13.25% 18.18%
4.97% 5.76%
$540 N/A
96 17
3.94% N/A
46.77 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6577
Median household income ($/weekly) 1084
Median age of persons 45
Median housing loan repayment ($/monthly) 1950
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 795 12.1
    35-44 years 796 12.1
    45-54 years 942 14.3
    55-64 years 894 13.6
    65-74 years 756 11.5
    Others 2394 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 2661 54.3
    Not Married 1967 40.1
    Defacto Relationship 273 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5029 81.0
    Papua New Guinea 100 1.6
    South Africa 66 1.1
    United Kingdom 487 7.8
    Other 152 2.4
    Others 374 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 0.9
    Christianity 4853 80.7
    Hinduism 20 0.3
    Judaism 22 0.4
    No Religion 1034 17.2
    Others 35 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 314 14.1
    $600-$799 233 10.5
    $800-$999 213 9.6
    $1,500-$1,999 276 12.4
    $2,000-$2,499 192 8.6
    Others 1001 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2259 43.1
    Employed, worked full-time 1636 31.2
    Employed, worked part-time 1015 19.4
    Employed, away from work 184 3.5
    Unemployed, looking for work 143 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 376 13.3
    Professionals 644 22.7
    Technicians & trades workers 358 12.6
    Clerical & administrative workers 440 15.5
    Sales 364 12.8
    Others 652 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 104 7.0
    Infants/Primary 508 34.0
    Secondary 480 32.2
    Technical or Further Educational Institution 122 8.2
    University or other Tertiary Institutions 232 15.5
    Others 46 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5691 93.6
    Semi-detached, row or terrace house, townhouse 322 5.3
    Flat, unit or apartment 67 1.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1033 43.0
    Being purchased 888 36.9
    Rented 447 18.6
    Other tenure type 37 1.5
    Tenure Type
Census 2011, ABS
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