Suburb Profile Report for Kincumber NSW (2251)

Kincumber House: Median price $613,125, Annual capital growth 5.69%, Number of sales 114, Weekly median advertised rent $490

Kincumber Unit: Median price $435,000, Annual capital growth 7.41%, Number of sales 23, Weekly median advertised rent $385

  • 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 Kincumber, 2251 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.57%.

Over the longer term, Kincumber has seen property prices show investors a 47.74% return over the last 3 years. This is worse than over the last 12 months

Kincumber2251 is located in NSW which offers an average discount of -5.49% to property investors. Kincumber itself is showing figures that indicate -4.35% is the average achievable by property buyers investing in the suburb.

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

Property value increases in Kincumber have tracked higher than the NSW average of 5.41% over the last 12 months.

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

Vendor discounting in Kincumber is giving property investors an average Vendor Discount of around -2.57%. This puts suburb at number 420th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $385 weekly from the median priced house in this suburb.

HOUSE UNIT
$613,125 $435,000
2.19% 7.41%
7.57% 20.83%
5.69% 7.41%
$490 $385
114 23
4.16% 4.60%
51.07 58.86

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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