Suburb Profile Report for Ettalong Beach NSW (2257)

Ettalong Beach House: Median price $667,500, Annual capital growth 7.08%, Number of sales 72, Weekly median advertised rent $400

Ettalong Beach Unit: Median price $532,500, Annual capital growth 4.79%, Number of sales 121, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Ettalong Beach, 2257 have given investors a capital gain of 12.18%. This compares favourably with the 8.26% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Ettalong Beach comes in at number 172th in NSW.

Property investors looking for a bargain in Ettalong Beach should be aiming for at least -4.11% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 6.00 sales per month, which equates to 72 per year.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.08%, investors should hope to achieve an overall return of 3.12%

At number 596th in the list of Australian suburbs ordered by increase in median house value over the last year, Ettalong Beach, 2257 is in the top 40% with a property value increase of 6.50% recorded in median house prices.

Across a shorter period, Ettalong Beach, 2257 has seen a median price increase of 0.47% over the last quarter.

Sellers are offering property buyers an average discount of -5.52% to buyers in Ettalong Beach at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Ettalong Beach the average time real estate has been on the market is 85.28 days.

Ettalong Beach, 2257’s gross rental yield is 3.91%

Metrics i HOUSE UNIT
$667,500 $532,500
5.12% 0.47%
12.18% 6.50%
7.08% 4.79%
$400 $400
72 121
3.12% 3.91%
56.18 85.28

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4627
Median household income ($/weekly) 721
Median age of persons 49
Median housing loan repayment ($/monthly) 1600
Average household size 2
  • Census Count Percent(%)
    35-44 years 504 10.9
    45-54 years 566 12.2
    55-64 years 659 14.2
    65-74 years 614 13.3
    75-84 years 506 10.9
    Others 1779 38.4
    Age Group
    Census Count Percent(%)
    Not Married 1855 52.9
    Registered Married 1289 36.7
    Defacto Relationship 365 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3615 84.7
    Greece 22 0.5
    Papua New Guinea 114 2.7
    United Kingdom 254 6.0
    Other 70 1.6
    Others 191 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 66 1.6
    Christianity 3246 78.4
    Judaism 14 0.3
    Other Religious Groups 14 0.3
    No Religion 784 18.9
    Others 15 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 233 12.2
    $400-$599 372 19.5
    $600-$799 308 16.2
    $800-$999 197 10.3
    $1,000-$1,249 182 9.5
    Others 614 32.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1919 53.2
    Employed, worked full-time 906 25.1
    Employed, worked part-time 484 13.4
    Unemployed, looking for work 180 5.0
    Employed, away from work 121 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 190 12.6
    Technicians & trades workers 239 15.8
    Community & personal service workers 183 12.1
    Clerical & administrative workers 248 16.4
    Labourers 193 12.8
    Others 456 30.2
    Occupation
    Census Count Percent(%)
    Pre-school 83 10.8
    Infants/Primary 273 35.5
    Secondary 209 27.2
    Technical or Further Educational Institution 93 12.1
    University or other Tertiary Institutions 87 11.3
    Others 24 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2651 61.9
    Semi-detached, row or terrace house, townhouse 1246 29.1
    Flat, unit or apartment 354 8.3
    Caravan, cabin, houseboat 16 0.4
    House or flat attached to a shop, office 14 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 862 42.5
    Rented 820 40.4
    Being purchased 333 16.4
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals