Suburb Profile Report for Garden Suburb NSW (2289)

Garden Suburb House: Median price $565,000, Annual capital growth 4.32%, Number of sales 28, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Garden Suburb, 2289 have given investors a capital gain of 7.52%. This compares averagely with the 7.47% for NSW as a whole.

Taking the average capital gain, or increase in median house value, Garden Suburb,2289 has racked up an average of 7.52% over the period. This ranks it number 2128th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Garden Suburb 2289 should be seeing an average reduction in asking price of around -3.68% . This means that Garden Suburb is holding prices well when compared to other suburbs in NSW.

At number 236 in a list of fastest selling suburbs, Garden Suburb is in the TOP 10% of suburbs in Australia with an average of days on market 40.2 for properties listed there.

The NSW suburb of Garden Suburb, 2289 is in the Lake Macquarie local government area.

Metrics i HOUSE UNIT
$565,000 N/A
-0.42% N/A
7.52% N/A
4.32% N/A
$450 N/A
28 N/A
4.14% N/A
40.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 1927
Median household income ($/weekly) 1685
Median age of persons 40
Median housing loan repayment ($/monthly) 1900
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 299 15.5
    25-34 years 169 8.8
    35-44 years 254 13.2
    45-54 years 315 16.3
    55-64 years 249 12.9
    Others 641 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 833 58.1
    Not Married 502 35.0
    Defacto Relationship 98 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1644 88.2
    Greece 13 0.7
    Indonesia 20 1.1
    United Kingdom 75 4.0
    Other 19 1.0
    Others 93 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 1.3
    Christianity 1406 77.6
    Islam 15 0.8
    Other Religious Groups 8 0.4
    No Religion 357 19.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 50 8.5
    $1,500-$1,999 86 14.6
    $2,000-$2,499 57 9.7
    $2,500-$2,999 67 11.4
    $3,000-$3,499 60 10.2
    Others 270 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 575 38.7
    Not in the labour force 470 31.7
    Employed, worked part-time 341 23.0
    Unemployed, looking for work 50 3.4
    Employed, away from work 48 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 102 10.5
    Professionals 260 26.9
    Technicians & trades workers 130 13.4
    Clerical & administrative workers 164 17.0
    Sales 85 8.8
    Others 226 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 35 6.5
    Infants/Primary 177 32.7
    Secondary 192 35.5
    Technical or Further Educational Institution 42 7.8
    University or other Tertiary Institutions 86 15.9
    Others 9 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1831 99.3
    Flat, unit or apartment 10 0.5
    Semi-detached, row or terrace house, townhouse 3 0.2
    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 282 44.5
    Being purchased 275 43.4
    Rented 71 11.2
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals