Suburb Profile Report for Marks Point NSW (2280)

Marks Point House: Median price $605,000, Annual capital growth 5.32%, Number of sales 43, Weekly median advertised rent $350

Marks Point Unit: Median price $377,500, Annual capital growth 4.41%, Number of sales 12, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.06% which means that Marks Point, 2280 has done well for property investors by showing a capital gain of 14.15% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Marks Point comes in at number 304th in NSW.

Property buyers and investors in Marks Point 2280 should be seeing an average reduction in asking price of around -8.99% . This means that Marks Point is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Marks Point the average time real estate has been on the market is 90.74 days.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.01%, without taking into account capital value appreciation, which has been averaging out at 5.32%.

Marks Point has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 26.68% to date .

Property investors should expect to get $325 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$605,000 $377,500
11.52% N/A
14.15% 26.68%
5.32% 4.41%
$350 $325
43 12
3.01% 4.48%
90.74 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1731
Median household income ($/weekly) 823
Median age of persons 45
Median housing loan repayment ($/monthly) 1650
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 186 10.7
    35-44 years 187 10.8
    45-54 years 277 16.0
    55-64 years 274 15.8
    65-74 years 170 9.8
    Others 637 36.8
    Age Group
    Census Count Percent(%)
    Not Married 662 49.4
    Registered Married 551 41.1
    Defacto Relationship 128 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1504 91.2
    Papua New Guinea 16 1.0
    Philippines 11 0.7
    United Kingdom 57 3.5
    Other 20 1.2
    Others 41 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1265 79.0
    No Religion 312 19.5
    Buddhism 14 0.9
    Other Religious Groups 6 0.4
    Hinduism 4 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 80 11.7
    $400-$599 104 15.2
    $600-$799 91 13.3
    $800-$999 69 10.1
    $1,500-$1,999 75 10.9
    Others 267 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 659 47.5
    Employed, worked full-time 410 29.6
    Employed, worked part-time 221 15.9
    Employed, away from work 49 3.5
    Unemployed, looking for work 47 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 109 16.1
    Technicians & trades workers 118 17.5
    Community & personal service workers 68 10.1
    Clerical & administrative workers 106 15.7
    Labourers 69 10.2
    Others 206 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.5
    Infants/Primary 115 37.2
    Secondary 85 27.5
    Technical or Further Educational Institution 44 14.2
    University or other Tertiary Institutions 39 12.6
    Others 6 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1076 65.1
    Flat, unit or apartment 318 19.2
    Semi-detached, row or terrace house, townhouse 242 14.6
    House or flat attached to a shop, office 10 0.6
    Caravan, cabin, houseboat 6 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 324 43.8
    Fully owned 234 31.6
    Being purchased 173 23.4
    Other tenure type 9 1.2
    Tenure Type
Census 2011, ABS
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