Suburb Profile Report for Speers Point NSW (2284)

Speers Point House: Median price $587,500, Annual capital growth 6.18%, Number of sales 70, Weekly median advertised rent $400

Speers Point Unit: Median price $443,500, Annual capital growth 29.78%, Number of sales 10, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Speers Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.31%

When looking at the potential capital gains offered to property investors over the last 3 years, Speers Point comes in at number 946th in NSW.

Our latest figures would indicate that property sellers in Speers Point are currently offering property investors an average price cut of -6.88% below the asking price at the moment.

In the last year 70 properties changed hands in Speers Point, which puts it as the 468th most active market in NSW when comparing the number of sales per suburb.

Property value increases in Speers Point have tracked higher than the NSW average of 5.88% over the last 12 months.

Speers Point,2284 was ranked 1187 in Australia by increase in median property value over the quarter.

Property investors should expect to get $445 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$587,500 $443,500
5.43% -0.89%
7.31% 39.69%
6.18% 29.78%
$400 $445
70 10
3.54% 5.22%
72.07 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3229
Median household income ($/weekly) 1160
Median age of persons 43
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 332 10.3
    25-34 years 353 10.9
    35-44 years 415 12.8
    45-54 years 451 14.0
    55-64 years 453 14.0
    Others 1226 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 1281 51.2
    Not Married 1008 40.3
    Defacto Relationship 215 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2738 88.5
    Greece 22 0.7
    Papua New Guinea 48 1.6
    United Kingdom 127 4.1
    Other 36 1.2
    Others 122 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.8
    Christianity 2290 76.5
    Hinduism 16 0.5
    Other Religious Groups 15 0.5
    No Religion 636 21.2
    Others 15 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 112 10.0
    $400-$599 142 12.6
    $600-$799 98 8.7
    $1,500-$1,999 125 11.1
    $2,000-$2,499 112 10.0
    Others 536 47.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 981 38.0
    Employed, worked full-time 915 35.5
    Employed, worked part-time 506 19.6
    Employed, away from work 116 4.5
    Unemployed, looking for work 62 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 171 11.1
    Professionals 306 19.9
    Technicians & trades workers 243 15.8
    Clerical & administrative workers 226 14.7
    Sales 182 11.8
    Others 412 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 82 12.3
    Infants/Primary 216 32.5
    Secondary 188 28.3
    Technical or Further Educational Institution 67 10.1
    University or other Tertiary Institutions 97 14.6
    Others 15 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2745 88.4
    Flat, unit or apartment 200 6.4
    Semi-detached, row or terrace house, townhouse 156 5.0
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 534 42.7
    Being purchased 395 31.5
    Rented 319 25.5
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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