Suburb Profile Report for Canton Beach NSW (2263)

Canton Beach House: Median price $485,000, Annual capital growth 9.24%, Number of sales 18, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 9.74% which means that Canton Beach, 2263 has done well for property investors by showing a capital gain of 25.65% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Canton Beach comes in at number 458th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Canton Beach itself are offering an average vendor discount of -8.84% to real estate investors.

With the median price for a house in Canton Beach being $485000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.75%

Metrics i HOUSE UNIT
$485,000 N/A
6.59% N/A
25.65% N/A
9.24% N/A
$350 N/A
18 N/A
3.75% N/A
99.69 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1074
Median household income ($/weekly) 519
Median age of persons 61
Median housing loan repayment ($/monthly) 1300
Average household size 1.8
  • Census Count Percent(%)
    35-44 years 88 8.2
    45-54 years 100 9.3
    55-64 years 142 13.2
    65-74 years 229 21.3
    75-84 years 174 16.2
    Others 342 31.8
    Age Group
    Census Count Percent(%)
    Not Married 500 56.7
    Registered Married 332 37.6
    Defacto Relationship 50 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 875 85.0
    New Zealand 6 0.6
    Papua New Guinea 17 1.7
    South Africa 7 0.7
    United Kingdom 97 9.4
    Others 27 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 791 80.1
    No Religion 186 18.8
    Buddhism 7 0.7
    Islam 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 36 6.9
    $300-$399 108 20.7
    $400-$599 156 29.9
    $600-$799 66 12.7
    $800-$999 41 7.9
    Others 114 21.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 627 70.1
    Employed, worked full-time 126 14.1
    Employed, worked part-time 90 10.1
    Unemployed, looking for work 38 4.3
    Employed, away from work 13 1.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 29 12.8
    Technicians & trades workers 37 16.4
    Community & personal service workers 32 14.2
    Machinery operators & drivers 24 10.6
    Labourers 33 14.6
    Others 71 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 10 7.2
    Infants/Primary 53 38.4
    Secondary 38 27.5
    Technical or Further Educational Institution 18 13.0
    University or other Tertiary Institutions 12 8.7
    Others 7 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 745 73.5
    Semi-detached, row or terrace house, townhouse 170 16.8
    Caravan, cabin, houseboat 93 9.2
    Flat, unit or apartment 5 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 324 58.6
    Rented 158 28.6
    Being purchased 51 9.2
    Other tenure type 20 3.6
    Tenure Type
Census 2011, ABS
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