Suburb Profile Report for Caves Beach NSW (2281)

Caves Beach House: Median price $737,500, Annual capital growth 6.40%, Number of sales 55, Weekly median advertised rent $505

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

Source: CoreLogic

  • House Report

Property value increases in Caves Beach have tracked close to the NSW average of 11.06% over the last 12 months.

Taking the average capital gain, or increase in median house value, Caves Beach,2281 has racked up an average of 12.60% over the period. This ranks it number 1365th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Caves Beach itself are offering an average vendor discount of -3.82% to real estate investors.

In the last year 55 properties changed hands in Caves Beach, which puts it as the 611th most active market in NSW when comparing the number of sales per suburb.

Caves Beach, 2281’s gross rental yield is 3.56%

Metrics i HOUSE UNIT
$737,500 N/A
0.17% N/A
12.60% N/A
6.40% N/A
$505 N/A
55 N/A
3.56% N/A
50.19 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 3935
Median household income ($/weekly) 1187
Median age of persons 44
Median housing loan repayment ($/monthly) 1928
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 486 12.4
    35-44 years 490 12.5
    45-54 years 596 15.1
    55-64 years 582 14.8
    65-74 years 457 11.6
    Others 1324 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 1737 58.8
    Not Married 1035 35.0
    Defacto Relationship 183 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3389 90.0
    Greece 19 0.5
    Papua New Guinea 32 0.8
    United Kingdom 165 4.4
    Other 31 0.8
    Others 130 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.6
    Christianity 2858 77.1
    Hinduism 7 0.2
    Other Religious Groups 6 0.2
    No Religion 805 21.7
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 143 11.5
    $600-$799 135 10.9
    $800-$999 114 9.2
    $1,500-$1,999 144 11.6
    $2,000-$2,499 115 9.3
    Others 592 47.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1256 40.5
    Employed, worked full-time 1001 32.3
    Employed, worked part-time 653 21.0
    Employed, away from work 104 3.4
    Unemployed, looking for work 89 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 194 11.0
    Professionals 388 22.0
    Technicians & trades workers 276 15.7
    Clerical & administrative workers 245 13.9
    Sales 197 11.2
    Others 460 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 82 9.0
    Infants/Primary 299 32.6
    Secondary 323 35.3
    Technical or Further Educational Institution 82 9.0
    University or other Tertiary Institutions 117 12.8
    Others 13 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3422 92.1
    Semi-detached, row or terrace house, townhouse 241 6.5
    Flat, unit or apartment 53 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 646 47.2
    Being purchased 442 32.3
    Rented 267 19.5
    Other tenure type 13 1.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals