Suburb Profile Report for Rankin Park NSW (2287)

Rankin Park House: Median price $516,000, Annual capital growth 4.63%, Number of sales 42, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report

Investment property in Rankin Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.03%

Taking the average capital gain, or increase in median house value, Rankin Park,2287 has racked up an average of 13.03% over the period. This ranks it number 1833th in the whole country for real estate investors looking at median house price increases.

Rankin Park, 2287 is offering NSW ‘s 907th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

Residents and property investors in Rankin Park have been waiting around 51.29 days to sell a property.

Rankin Park, 2287’s gross rental yield is 4.43%

HOUSE UNIT
$516,000 N/A
4.24% N/A
13.03% N/A
4.63% N/A
$440 N/A
42 N/A
4.43% N/A
51.29 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 2450
Median household income ($/weekly) 1565
Median age of persons 41
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 306 12.5
    35-44 years 298 12.2
    45-54 years 311 12.7
    55-64 years 449 18.3
    65-74 years 289 11.8
    Others 797 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 1125 60.7
    Not Married 587 31.7
    Defacto Relationship 140 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2116 88.8
    Croatia 21 0.9
    Papua New Guinea 22 0.9
    United Kingdom 56 2.3
    Other 40 1.7
    Others 128 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.9
    Christianity 1671 73.1
    Hinduism 17 0.7
    Other Religious Groups 4 0.2
    No Religion 572 25.0
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 71 8.8
    $1,250-$1,499 76 9.5
    $1,500-$1,999 105 13.1
    $2,000-$2,499 92 11.4
    $2,500-$2,999 93 11.6
    Others 367 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 747 38.7
    Not in the labour force 661 34.2
    Employed, worked part-time 420 21.8
    Employed, away from work 64 3.3
    Unemployed, looking for work 39 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 132 10.7
    Professionals 372 30.2
    Technicians & trades workers 193 15.7
    Community & personal service workers 108 8.8
    Clerical & administrative workers 190 15.4
    Others 237 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 46 7.9
    Infants/Primary 198 34.0
    Secondary 156 26.8
    Technical or Further Educational Institution 46 7.9
    University or other Tertiary Institutions 122 21.0
    Others 14 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2273 98.2
    Semi-detached, row or terrace house, townhouse 29 1.3
    Flat, unit or apartment 13 0.6
    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 388 44.4
    Being purchased 387 44.3
    Rented 95 10.9
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals