Suburb Profile Report for Bolton Point NSW (2283)

Bolton Point House: Median price $425,000, Annual capital growth 5.08%, Number of sales 35, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Expert Report

Property value increases in Bolton Point have tracked higher than the NSW average of 10.13% over the last 12 months.

A 58.88% growth in median value for property investors in Bolton Point,2283 puts this suburb at number 157th in terms of best performing suburbs in NSW

Vendor discounting in Bolton Point is giving property investors an average Vendor Discount of around -3.27%. This puts suburb at number 1050th in NSW when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $4440 per annum or $370 every week.

Information supplied by:


May 2017

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Near the banks of Lake Macquarie, the suburb of Bolton Point is getting a lot of attention due to its low prices, steady growth and significant returns for investors.Following a whopping price increase of over 22%, house values climbed to a median of just over $350,000.Full summary

Lakeside suburb coasts steadily on consistent growth
Median house price: $355,000
Three-year growth: 36.54%
Rental yield: 5.13%

Near the banks of Lake Macquarie, the suburb of Bolton Point is getting a lot of attention due to its low prices, steady growth and significant returns for investors.

Following a whopping price increase of over 22%, house values climbed to a median of just over $350,000. Vendors don’t even have to lower their asking prices by much to close a sale – the average discount rate is only 3.12%. This follows a five-year period of strong performances for this suburb. Hence, this is definitely a market that’s ripe for investment, especially given the high yield of 5.13%.

Bolton Point’s position near the lake ensures that residents have easy access to fun recreational activities like sailing and kayaking. The suburb also has a preschool and childcare centre. Northern neighbour Woodrising is home to a supermarket as well.

Close
Metrics i HOUSE UNIT
$425,000 N/A
8.70% N/A
30.97% N/A
5.08% N/A
$370 N/A
35 N/A
4.53% N/A
51.86 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2297
Median household income ($/weekly) 794
Median age of persons 40
Median housing loan repayment ($/monthly) 1600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 311 13.5
    35-44 years 261 11.4
    45-54 years 332 14.5
    55-64 years 246 10.7
    65-74 years 257 11.2
    Others 889 38.7
    Age Group
    Census Count Percent(%)
    Not Married 748 46.5
    Registered Married 712 44.3
    Defacto Relationship 147 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2029 92.0
    Greece 11 0.5
    Papua New Guinea 12 0.5
    United Kingdom 71 3.2
    Other 31 1.4
    Others 51 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.0
    Christianity 1615 75.6
    Hinduism 4 0.2
    Judaism 4 0.2
    No Religion 488 22.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 85 11.4
    $400-$599 127 17.0
    $600-$799 113 15.2
    $800-$999 74 9.9
    $1,500-$1,999 64 8.6
    Others 282 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 940 53.4
    Employed, worked full-time 422 24.0
    Employed, worked part-time 252 14.3
    Unemployed, looking for work 81 4.6
    Employed, away from work 66 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 128 17.3
    Technicians & trades workers 93 12.6
    Community & personal service workers 88 11.9
    Clerical & administrative workers 103 13.9
    Labourers 102 13.8
    Others 227 30.6
    Occupation
    Census Count Percent(%)
    Pre-school 36 7.0
    Infants/Primary 202 39.3
    Secondary 167 32.5
    Technical or Further Educational Institution 51 9.9
    University or other Tertiary Institutions 41 8.0
    Others 17 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1907 90.0
    Semi-detached, row or terrace house, townhouse 185 8.7
    Flat, unit or apartment 23 1.1
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 386 48.6
    Fully owned 227 28.6
    Being purchased 162 20.4
    Other tenure type 20 2.5
    Tenure Type
Census 2011, ABS
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