Suburb Profile Report for Coal Point NSW (2283)

Coal Point House: Median price $820,000, Annual capital growth 3.46%, Number of sales 60, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Coal Point, 2283 ranked 198th in NSW when comparing growth in median property values or capital gain over the last 12 months. Coal Point is one of 3163 in our list for NSW

Over the longer term, Coal Point has seen property prices show investors a 48.42% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -3.65% to buyers in Coal Point at the moment, which is less than average for the rest of NSW.

In the last year 60 properties changed hands in Coal Point, which puts it as the 549th most active market in NSW when comparing the number of sales per suburb.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.85%, without taking into account capital value appreciation, which has been averaging out at 3.46%.

Metrics i HOUSE UNIT
$820,000 N/A
9.33% N/A
21.48% N/A
3.46% N/A
$450 N/A
60 N/A
2.85% N/A
64.46 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1729
Median household income ($/weekly) 1583
Median age of persons 49
Median housing loan repayment ($/monthly) 2200
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 202 11.7
    35-44 years 188 10.9
    45-54 years 278 16.1
    55-64 years 299 17.3
    65-74 years 238 13.8
    Others 525 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 820 62.6
    Not Married 408 31.1
    Defacto Relationship 82 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1479 88.0
    Papua New Guinea 13 0.8
    South Africa 14 0.8
    United Kingdom 97 5.8
    Other 16 1.0
    Others 61 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1190 74.3
    No Religion 394 24.6
    Buddhism 9 0.6
    Other Religious Groups 6 0.4
    Australian Aboriginal Traditional Religions 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 51 9.2
    $1,250-$1,499 47 8.5
    $1,500-$1,999 68 12.3
    $2,000-$2,499 47 8.5
    $2,500-$2,999 68 12.3
    Others 273 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 581 40.9
    Employed, worked full-time 461 32.4
    Employed, worked part-time 278 19.5
    Employed, away from work 61 4.3
    Unemployed, looking for work 41 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 143 17.9
    Professionals 216 27.0
    Technicians & trades workers 118 14.7
    Clerical & administrative workers 106 13.2
    Sales 77 9.6
    Others 141 17.6
    Occupation
    Census Count Percent(%)
    Pre-school 25 6.3
    Infants/Primary 120 30.0
    Secondary 138 34.5
    Technical or Further Educational Institution 40 10.0
    University or other Tertiary Institutions 70 17.5
    Others 7 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1576 99.1
    Flat, unit or apartment 9 0.6
    Semi-detached, row or terrace house, townhouse 6 0.4
    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 301 49.1
    Being purchased 209 34.1
    Rented 100 16.3
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals