Suburb Profile Report for Caves Beach NSW (2281)

Caves Beach House: Median price $715,000, Annual capital growth 5.50%, Number of sales 69, Weekly median advertised rent $475

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

Source: CoreLogic

  • House Report

With a capital gain of 14.40% for the last 12 months, Caves Beach, 2281 has performed for property investments than its average annual 5.50% property growth over the last 5 years.

While Caves Beach,2281 ranked number 759th in NSW for increase in median house value (annualised) increase, it is ranked 706th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Caves Beach is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 846th in terms of most discounted suburbs in NSW

Property investors should expect to get $475 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$715,000 N/A
2.14% N/A
14.40% N/A
5.50% N/A
$475 N/A
69 N/A
3.45% N/A
74.05 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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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