Suburb Profile Report for Green Point NSW (2251)

Green Point House: Median price $730,000, Annual capital growth 5.10%, Number of sales 111, Weekly median advertised rent $528

Green Point Unit: Median price $515,000, Annual capital growth 7.24%, Number of sales 15, 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 quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.57% to date .

Across a shorter period, Green Point, 2251 has seen a median price increase of 1.96% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Green Point is offering property investors an average of -5.23. This rate of discount on properties puts Suburb at number 1006th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Green Point the average time real estate has been on the market is 38.02 days.

Property investors should expect to get $527.5 weekly from the median priced house in this suburb.

Green Point, 2251 ranked 114th in NSW when comparing growth in median property values or capital gain over the last 12 months. Green Point is one of 3163 in our list for NSW

The five-year average increase in median property values for Green Point,2251 has given property investors a potential capital gain of 57.25% across each of those five years.

Metrics i HOUSE UNIT
$730,000 $515,000
1.96% 1.58%
6.57% 15.73%
5.10% 7.24%
$528 N/A
111 15
3.76% N/A
38.02 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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