Suburb Profile Report for Kincumber NSW (2251)

Kincumber House: Median price $600,000, Annual capital growth 5.36%, Number of sales 106, Weekly median advertised rent $490

Kincumber Unit: Median price $435,000, Annual capital growth 6.61%, Number of sales 20, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Kincumber, 2251 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.14%

Across a shorter period, Kincumber, 2251 has seen a median price increase of 0.33% over the last quarter.

Property buyers and investors in Kincumber 2251 should be seeing an average reduction in asking price of around -4.31% . This means that Kincumber is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Kincumber have been waiting around 52.58 days to sell a property.

Situated 47.55km from the CBD, Kincumber is one of Gosford localities in the postcode 2251.

At number 84th in the list of Australian suburbs ordered by increase in median house value over the last year, Kincumber, 2251 is in the top 10% with a property value increase of 21.68% recorded in median house prices.

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

Property investors looking for a bargain in Kincumber should be aiming for at least -2.57% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Kincumber the average time real estate has been on the market is 65.91 days.

Kincumber, 2251’s gross rental yield is 4.66%

HOUSE UNIT
$600,000 $435,000
0.33% 15.38%
7.14% 21.68%
5.36% 6.61%
$490 $390
106 20
4.25% 4.66%
52.58 65.91

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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
Chart Table
Recent sales & rentals