Suburb Profile Report for Green Point NSW (2251)

Green Point House: Median price $750,000, Annual capital growth 5.16%, Number of sales 120, Weekly median advertised rent $528

Green Point Unit: Median price $534,500, Annual capital growth 7.97%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Green Point, 2251 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.14%.

Green Point,2251 has offered an average of 7.14% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Green Point, 2251. Typically our figures indicate that -3.47% is being offered, which puts this NSW suburb at 3301th most discounted overall in Australia.

At number 257 in a list of fastest selling suburbs, Green Point is in the TOP 10% of suburbs in Australia with an average of days on market 35.01 for properties listed there.

The NSW suburb of Green Point, 2251 is in the Gosford local government area.

With a capital gain of 20.11% for the last 12 months, Green Point, 2251 has performed for property investments than its average annual 7.97% property growth over the last 5 years.

The five-year average increase in median property values for Green Point,2251 has given property investors a potential capital gain of 59.55% across each of those five years.

Vendor discounting in Green Point is giving property investors an average Vendor Discount of around -1.95%. This puts suburb at number 447th in NSW when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$750,000 $534,500
3.81% 3.79%
7.14% 20.11%
5.16% 7.97%
$528 N/A
120 16
3.66% N/A
35.01 25.8

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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