Suburb Profile Report for Shortland NSW (2307)

Shortland House: Median price $417,000, Annual capital growth 5.37%, Number of sales 89, Weekly median advertised rent $380

Shortland Unit: Median price $390,000, Annual capital growth 7.73%, Number of sales 18, 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 10.76%. This compares averagely with the 11.06% for NSW as a whole.

The five-year average increase in median property values for Shortland,2307 has given property investors a potential capital gain of 35.83% across each of those five years.

The most recent median price for Shortland is $417000, with sellers offering an average of -4.62% off the asking price.

Shortland is 211th on a list of best yielding suburbs for rents in NSW with a 4.74% return

At number 1387th in the list of Australian suburbs ordered by increase in median house value over the last year, Shortland, 2307 is in the BOTTOM 20% with a property value increase of -4.65% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Shortland comes in at number 539th in NSW.

Sellers are offering property buyers an average discount of -4.90% to buyers in Shortland at the moment, which is less than average for the rest of NSW.

Residents and property investors in Shortland have been waiting around 96.5 days to sell a property.

Advertised rents are around the $420 mark per week – giving a return of 5.60% based on the median price in Suburb

Metrics i HOUSE UNIT
$417,000 $390,000
2.90% -1.38%
10.76% -4.65%
5.37% 7.73%
$380 $420
89 18
4.74% 5.60%
46.29 96.5

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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