Suburb Profile Report for Shortland NSW (2307)

Shortland House: Median price $393,750, Annual capital growth 4.91%, Number of sales 78, Weekly median advertised rent $363

Shortland Unit: Median price $402,475, Annual capital growth 0.46%, Number of sales 32, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Shortland, 2307 have given investors a capital gain of 9.00%. This compares favourably with the 7.28% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shortland has increased when compared to the 5 year average annual rate.

Shortland, 2307 is offering NSW ‘s 1114th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.

In the last year 78 properties changed hands in Shortland, which puts it as the 408th most active market in NSW when comparing the number of sales per suburb.

Shortland is 245th on a list of best yielding suburbs for rents in NSW with a 4.79% return

Giving property investors a an unimpressive capital gain of -1.60% for the last year, Shortland, 2307 is the 1229th highest performer in Australia in this respect.

Vendor discounting in Shortland is giving property investors an average Vendor Discount of around -3.17%. This puts suburb at number 373th in NSW when ranking the most discounted suburbs.

Residents and property investors in Shortland have been waiting around 98.05 days to sell a property.

Shortland is 61th on a list of best yielding suburbs for rents in NSW with a 5.43% return

HOUSE UNIT
$393,750 $402,475
4.30% 0.87%
9.00% -1.60%
4.91% 0.46%
$363 $420
78 32
4.79% 5.43%
41.84 98.05

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3705
Median household income ($/weekly) 878
Median age of persons 35
Median housing loan repayment ($/monthly) 1582
Average household size 2.4
  • Census Count Percent(%)
    20-24 years 416 11.2
    25-34 years 536 14.5
    35-44 years 400 10.8
    45-54 years 393 10.6
    55-64 years 402 10.9
    Others 1558 42.1
    Age Group
    Census Count Percent(%)
    Not Married 1340 46.9
    Registered Married 1229 43.0
    Defacto Relationship 289 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3099 87.6
    Croatia 57 1.6
    Philippines 27 0.8
    United Kingdom 90 2.5
    Other 121 3.4
    Others 145 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.1
    Christianity 2523 73.8
    Islam 72 2.1
    Other Religious Groups 15 0.4
    No Religion 762 22.3
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 165 12.1
    $400-$599 216 15.9
    $600-$799 143 10.5
    $800-$999 141 10.4
    $1,500-$1,999 180 13.2
    Others 517 38.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1334 44.9
    Employed, worked full-time 944 31.7
    Employed, worked part-time 476 16.0
    Unemployed, looking for work 123 4.1
    Employed, away from work 97 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 224 14.8
    Technicians & trades workers 276 18.2
    Community & personal service workers 186 12.3
    Sales 182 12.0
    Labourers 212 14.0
    Others 438 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 53 6.0
    Infants/Primary 241 27.4
    Secondary 189 21.5
    Technical or Further Educational Institution 84 9.5
    University or other Tertiary Institutions 300 34.1
    Others 13 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3007 85.4
    Semi-detached, row or terrace house, townhouse 411 11.7
    Flat, unit or apartment 94 2.7
    House or flat attached to a shop, office 11 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 525 35.9
    Being purchased 474 32.4
    Rented 441 30.2
    Other tenure type 22 1.5
    Tenure Type
Census 2011, ABS
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