Suburb Profile Report for The Entrance NSW (2261)

The Entrance House: Median price $635,000, Annual capital growth 5.69%, Number of sales 55, Weekly median advertised rent $380

The Entrance Unit: Median price $420,000, Annual capital growth 2.31%, Number of sales 166, Weekly median advertised rent $360

  • 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 The Entrance, 2261 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.51%.

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

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in The Entrance itself are offering an average vendor discount of -5.25% to real estate investors.

The Entrance, 2261’s gross rental yield is 3.11%

At number 796th in the list of Australian suburbs ordered by increase in median house value over the last year, The Entrance, 2261 is in the top half with a property value increase of 4.48% recorded in median house prices.

The Entrance,2261 was ranked 590 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in The Entrance should be aiming for at least -5.44% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 2.31%, investors should hope to achieve an overall return of 4.46%

Metrics i HOUSE UNIT
$635,000 $420,000
5.83% 2.44%
16.51% 4.48%
5.69% 2.31%
$380 $360
55 166
3.11% 4.46%
77.2 71.42

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 3872
Median household income ($/weekly) 699
Median age of persons 42
Median housing loan repayment ($/monthly) 1673
Average household size 2
  • Census Count Percent(%)
    25-34 years 476 12.3
    35-44 years 475 12.3
    45-54 years 506 13.1
    55-64 years 447 11.5
    65-74 years 461 11.9
    Others 1508 38.9
    Age Group
    Census Count Percent(%)
    Not Married 1542 57.1
    Registered Married 861 31.9
    Defacto Relationship 299 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2866 85.3
    Papua New Guinea 79 2.4
    Philippines 29 0.9
    United Kingdom 112 3.3
    Other 66 2.0
    Others 208 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 0.9
    Christianity 2545 78.0
    Islam 25 0.8
    Other Religious Groups 18 0.6
    No Religion 629 19.3
    Others 16 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 206 13.7
    $400-$599 284 18.9
    $600-$799 238 15.9
    $800-$999 157 10.5
    $1,500-$1,999 128 8.5
    Others 488 32.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1378 49.4
    Employed, worked full-time 710 25.4
    Employed, worked part-time 402 14.4
    Unemployed, looking for work 202 7.2
    Employed, away from work 100 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 194 16.0
    Technicians & trades workers 180 14.9
    Community & personal service workers 149 12.3
    Clerical & administrative workers 149 12.3
    Labourers 172 14.2
    Others 368 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 61 10.2
    Infants/Primary 204 34.2
    Secondary 155 26.0
    Technical or Further Educational Institution 78 13.1
    University or other Tertiary Institutions 69 11.6
    Others 29 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1612 47.9
    Separate house 1258 37.4
    Semi-detached, row or terrace house, townhouse 453 13.5
    House or flat attached to a shop, office 30 0.9
    Caravan, cabin, houseboat 10 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1065 65.5
    Fully owned 414 25.5
    Being purchased 138 8.5
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals