Suburb Profile Report for Shortland NSW (2307)

Shortland House: Median price $395,000, Annual capital growth 4.88%, Number of sales 72, Weekly median advertised rent $360

Shortland Unit: Median price $399,000, Annual capital growth 10.57%, Number of sales 31, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 6.87% which means that Shortland, 2307 has done well for property investors by showing a capital gain of 9.72% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Shortland comes in at number 1014th in NSW.

Property buyers and investors in Shortland 2307 should be seeing an average reduction in asking price of around -3.07% . This means that Shortland is holding prices well when compared to other suburbs in NSW.

In the last year 72 properties changed hands in Shortland, which puts it as the 449th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $4320 per annum or $360 every week.

Investment property in Shortland has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.16%

When looking at the potential capital gains offered to property investors over the last 3 years, Shortland comes in at number 133th in NSW.

The most recent median price for Shortland is $399000, with sellers offering an average of -1.71% off the asking price.

Residents and property investors in Shortland have been waiting around 112.07 days to sell a property.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

HOUSE UNIT
$395,000 $399,000
3.95% -2.33%
9.72% -3.16%
4.88% 10.57%
$360 $420
72 31
4.74% 5.47%
42.85 112.07

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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