Suburb Profile Report for Salt Ash NSW (2318)

Salt Ash House: Median price $490,000, Annual capital growth 1.73%, Number of sales 21, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Salt Ash, 2318 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -4.85%.

The five-year average increase in median property values for Salt Ash,2318 has given property investors a potential capital gain of 4.26% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Salt Ash is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 274th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Salt Ash the average time real estate has been on the market is 108.64 days.

Situated 138.18km from the CBD, Salt Ash is one of Port Stephens localities in the postcode 2318.

Metrics i HOUSE UNIT
$490,000 N/A
-3.92% N/A
-4.85% N/A
1.73% N/A
$390 N/A
21 N/A
4.14% N/A
108.64 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1099
Median household income ($/weekly) 1150
Median age of persons 42
Median housing loan repayment ($/monthly) 1387
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 130 11.8
    35-44 years 145 13.2
    45-54 years 149 13.6
    55-64 years 202 18.4
    65-74 years 111 10.1
    Others 362 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 454 56.8
    Not Married 277 34.6
    Defacto Relationship 69 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 941 91.6
    Greece 7 0.7
    New Zealand 6 0.6
    Papua New Guinea 9 0.9
    United Kingdom 34 3.3
    Others 30 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 793 79.5
    No Religion 195 19.6
    Buddhism 9 0.9
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 49 14.5
    $600-$799 38 11.3
    $800-$999 32 9.5
    $1,250-$1,499 32 9.5
    $1,500-$1,999 55 16.3
    Others 131 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 318 38.1
    Employed, worked full-time 293 35.1
    Employed, worked part-time 167 20.0
    Employed, away from work 36 4.3
    Unemployed, looking for work 20 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 61 12.2
    Technicians & trades workers 118 23.6
    Clerical & administrative workers 61 12.2
    Machinery operators & drivers 51 10.2
    Labourers 57 11.4
    Others 152 30.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 84 37.3
    Secondary 74 32.9
    Technical or Further Educational Institution 28 12.4
    University or other Tertiary Institutions 20 8.9
    Pre-school 19 8.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 998 97.5
    Flat, unit or apartment 15 1.5
    Semi-detached, row or terrace house, townhouse 11 1.1
    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 156 43.2
    Being purchased 152 42.1
    Rented 50 13.9
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals