Suburb Profile Report for Kincumber NSW (2251)

Kincumber House: Median price $642,750, Annual capital growth 6.60%, Number of sales 118, Weekly median advertised rent $495

Kincumber Unit: Median price $475,000, Annual capital growth 8.60%, Number of sales 20, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.74% which means that Kincumber, 2251 has done well for property investors by showing a capital gain of 11.11% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kincumber has increased when compared to the 5 year average annual rate.

The most recent median price for Kincumber is $642750, with sellers offering an average of -5.00% off the asking price.

Property investors should expect to get $495 weekly from the median priced house in this suburb.

Kincumber, 2251 ranked 31th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kincumber is one of 3163 in our list for NSW

Comparing Kincumber,2251 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in Kincumber itself are offering an average vendor discount of -1.98% to real estate investors.

At number 481 in a list of fastest selling suburbs, Kincumber is in the TOP 40% of suburbs in Australia with an average of days on market 62.58 for properties listed there.

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

Metrics i HOUSE UNIT
$642,750 $475,000
2.43% 5.56%
11.11% 26.33%
6.60% 8.60%
$495 $400
118 20
4.00% 4.38%
37.66 62.58

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Kincumber NSW
Demographics
Total population 6835
Median household income ($/weekly) 924
Median age of persons 44
Median housing loan repayment ($/monthly) 1950
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 845 12.4
    35-44 years 776 11.4
    45-54 years 930 13.6
    55-64 years 697 10.2
    75-84 years 754 11.0
    Others 2834 41.5
    Age Group
    Census Count Percent(%)
    Registered Married 2534 49.4
    Not Married 2229 43.5
    Defacto Relationship 363 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5567 84.8
    New Zealand 31 0.5
    Papua New Guinea 110 1.7
    United Kingdom 525 8.0
    Other 104 1.6
    Others 225 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 0.8
    Christianity 5057 79.7
    Hinduism 14 0.2
    Judaism 14 0.2
    No Religion 1179 18.6
    Others 26 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 292 12.3
    $400-$599 368 15.5
    $600-$799 239 10.1
    $800-$999 248 10.4
    $1,500-$1,999 263 11.1
    Others 964 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2411 44.8
    Employed, worked full-time 1591 29.5
    Employed, worked part-time 1034 19.2
    Unemployed, looking for work 176 3.3
    Employed, away from work 174 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 501 17.9
    Technicians & trades workers 439 15.7
    Community & personal service workers 390 13.9
    Clerical & administrative workers 407 14.5
    Sales 321 11.5
    Others 741 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 138 8.9
    Infants/Primary 527 34.2
    Secondary 492 31.9
    Technical or Further Educational Institution 121 7.8
    University or other Tertiary Institutions 223 14.5
    Others 42 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5101 79.3
    Semi-detached, row or terrace house, townhouse 1221 19.0
    Flat, unit or apartment 110 1.7
    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 936 36.6
    Being purchased 891 34.8
    Rented 508 19.9
    Other tenure type 224 8.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals