Suburb Profile Report for Green Point NSW (2251)

Green Point House: Median price $720,000, Annual capital growth 5.07%, Number of sales 93, Weekly median advertised rent $540

Green Point Unit: Median price $462,500, Annual capital growth 5.10%, Number of sales 15, Weekly median advertised rent $410

  • 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 12.41% to date .

Green Point,2251 was ranked 1890 in Australia by increase in median property value over the quarter.

At number 1008th of NSW’s most discounted properties, Green Point is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Green Point have been waiting around 37.1 days to sell a property.

With the median price for a house in Green Point being $720000 and the advertised rent reaching $540 the gross rental yield for property investors calculates out to be 3.90%

Investment property in Green Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.96%

A 54.17% growth in median value for property investors in Green Point,2251 puts this suburb at number 342th in terms of best performing suburbs in NSW

In the last year 15 properties changed hands in Green Point, which puts it as the 504th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Green Point being $462500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.61%

Metrics i HOUSE UNIT
$720,000 $462,500
1.41% 0.54%
12.41% 9.96%
5.07% 5.10%
$540 $410
93 15
3.90% 4.61%
37.1 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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