Suburb Profile Report for The Hill NSW (2300)

The Hill House: Median price $1,105,000, Annual capital growth 4.85%, Number of sales 18, Weekly median advertised rent $620

The Hill Unit: Median price $440,000, Annual capital growth 5.55%, Number of sales 80, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -2.00% for the last year, The Hill, 2300 is the 3134th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, The Hill has given property investors a paper return of -8.68%. This puts Suburb as 1350 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for The Hill is $1105000, with sellers offering an average of -9.48% off the asking price.

On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.

Situated 116.54km from the CBD, The Hill is one of Newcastle localities in the postcode 2300.

If you compare the increase in value of investment property in The Hill, 2300 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.32%.

The five-year average increase in median property values for The Hill,2300 has given property investors a potential capital gain of 60.73% across each of those five years.

The Hill, 2300 is offering NSW ‘s 326th 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.

On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

HOUSE UNIT
$1,105,000 $440,000
-8.68% 0.00%
-2.00% 7.32%
4.85% 5.55%
$620 $350
18 80
2.92% 4.14%
98.5 51.74

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 1716
Median household income ($/weekly) 1459
Median age of persons 31
Median housing loan repayment ($/monthly) 1993
Average household size 2
  • Census Count Percent(%)
    20-24 years 293 17.1
    25-34 years 442 25.8
    35-44 years 182 10.6
    45-54 years 181 10.5
    55-64 years 210 12.2
    Others 408 23.8
    Age Group
    Census Count Percent(%)
    Not Married 722 52.9
    Registered Married 458 33.5
    Defacto Relationship 186 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1323 82.4
    Greece 17 1.1
    Papua New Guinea 35 2.2
    United Kingdom 61 3.8
    Other 70 4.4
    Others 99 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.4
    Christianity 860 56.2
    Islam 16 1.0
    Other Religious Groups 13 0.8
    No Religion 607 39.7
    Others 12 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 67 9.2
    $1,000-$1,249 68 9.4
    $1,500-$1,999 99 13.6
    $2,000-$2,499 71 9.8
    $2,500-$2,999 80 11.0
    Others 342 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 647 44.8
    Not in the labour force 351 24.3
    Employed, worked part-time 315 21.8
    Employed, away from work 66 4.6
    Unemployed, looking for work 64 4.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 114 11.1
    Professionals 410 39.9
    Technicians & trades workers 101 9.8
    Community & personal service workers 117 11.4
    Clerical & administrative workers 142 13.8
    Others 143 13.9
    Occupation
    Census Count Percent(%)
    Pre-school 16 3.6
    Infants/Primary 73 16.3
    Secondary 48 10.7
    Technical or Further Educational Institution 48 10.7
    University or other Tertiary Institutions 248 55.5
    Others 14 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 775 49.2
    Separate house 423 26.9
    Semi-detached, row or terrace house, townhouse 377 23.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 403 52.1
    Fully owned 199 25.7
    Being purchased 172 22.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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