Suburb Profile Report for The Entrance North NSW (2261)

The Entrance North House: Median price $650,000, Annual capital growth 2.46%, Number of sales 30, Weekly median advertised rent $420

The Entrance North Unit: Median price $437,500, Annual capital growth 4.93%, Number of sales 33, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in The Entrance North, 2261 have given investors a capital gain of -0.38%. This compares very badly with the 6.87% for NSW as a whole.

Across a shorter period, The Entrance North, 2261 has seen a median price increase of 6.91% over the last quarter.

Property buyers and investors in The Entrance North 2261 should be seeing an average reduction in asking price of around -6.84% . This means that The Entrance North is holding prices well when compared to other suburbs in NSW.

The Entrance North, 2261’s gross rental yield is 3.36%

Over the last year, property investments in The Entrance North, 2261 have given investors a capital gain of 4.79%. This compares averagely with the 5.41% for NSW as a whole.

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

LACK OF BUYER INTEREST may well be the reason that The Entrance North is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 182th in terms of most discounted suburbs in NSW

Residents and property investors in The Entrance North have been waiting around 49.36 days to sell a property.

Property investors should expect to get $345 weekly from the median priced house in this suburb.

HOUSE UNIT
$650,000 $437,500
6.91% -4.63%
-0.38% 4.79%
2.46% 4.93%
$420 $345
30 33
3.36% 4.10%
89.47 49.36

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1392
Median household income ($/weekly) 893
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 180 12.9
    25-34 years 191 13.7
    35-44 years 177 12.7
    45-54 years 173 12.4
    55-64 years 182 13.1
    Others 489 35.1
    Age Group
    Census Count Percent(%)
    Not Married 494 49.1
    Registered Married 363 36.1
    Defacto Relationship 149 14.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1157 89.2
    Papua New Guinea 22 1.7
    Philippines 7 0.5
    United Kingdom 37 2.9
    Other 19 1.5
    Others 55 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 1.0
    Christianity 939 74.6
    Islam 19 1.5
    Australian Aboriginal Traditional Religions 3 0.2
    No Religion 282 22.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 66 13.3
    $600-$799 73 14.7
    $800-$999 62 12.5
    $1,000-$1,249 47 9.5
    $1,500-$1,999 46 9.3
    Others 201 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 398 38.1
    Employed, worked full-time 350 33.5
    Employed, worked part-time 190 18.2
    Unemployed, looking for work 71 6.8
    Employed, away from work 36 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 72 12.5
    Professionals 90 15.6
    Technicians & trades workers 84 14.6
    Clerical & administrative workers 82 14.2
    Labourers 83 14.4
    Others 166 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 26 8.4
    Infants/Primary 106 34.4
    Secondary 77 25.0
    Technical or Further Educational Institution 50 16.2
    University or other Tertiary Institutions 42 13.6
    Others 7 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 770 59.2
    Semi-detached, row or terrace house, townhouse 248 19.1
    Flat, unit or apartment 239 18.4
    Caravan, cabin, houseboat 38 2.9
    House or flat attached to a shop, office 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 291 54.6
    Fully owned 140 26.3
    Being purchased 102 19.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals