Suburb Profile Report for Pokolbin NSW (2320)

Pokolbin House: Median price $770,000, Annual capital growth 3.04%, Number of sales 26, Weekly median advertised rent N/A

Pokolbin Unit: Median price $230,000, Annual capital growth 5.94%, Number of sales 25, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2295th in the list of Australian suburbs ordered by increase in median house value over the last year, Pokolbin, 2320 is in the BOTTOM 50% with a property value increase of 4.41% recorded in median house prices.

The five-year average increase in median property values for Pokolbin,2320 has given property investors a potential capital gain of 15.79% across each of those five years.

Vendor discounting in Pokolbin is giving property investors an average Vendor Discount of around -3.96%. This puts suburb at number 921th in NSW when ranking the most discounted suburbs.

At number 426th in the list of Australian suburbs ordered by increase in median house value over the last year, Pokolbin, 2320 is in the top 30% with a property value increase of 9.52% recorded in median house prices.

A 29.58% growth in median value for property investors in Pokolbin,2320 puts this suburb at number 144th in terms of best performing suburbs in NSW

Situated 52.87km from the CBD, Pokolbin is one of Cessnock localities in the postcode 2320.

Metrics i HOUSE UNIT
$770,000 $230,000
-4.05% 4.55%
4.41% 9.52%
3.04% 5.94%
N/A N/A
26 25
N/A N/A
99.47 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 694
Median household income ($/weekly) 1833
Median age of persons 45
Median housing loan repayment ($/monthly) 1500
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 82 11.8
    35-44 years 91 13.1
    45-54 years 103 14.8
    55-64 years 150 21.6
    65-74 years 70 10.1
    Others 198 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 274 57.9
    Not Married 146 30.9
    Defacto Relationship 53 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 545 84.0
    Croatia 4 0.6
    Papua New Guinea 23 3.5
    United Kingdom 39 6.0
    Other 15 2.3
    Others 23 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 460 73.5
    No Religion 160 25.6
    Judaism 3 0.5
    Other Religious Groups 3 0.5
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 19 9.1
    $1,250-$1,499 19 9.1
    $1,500-$1,999 26 12.4
    $2,000-$2,499 33 15.8
    $2,500-$2,999 21 10.0
    Others 91 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 264 49.3
    Not in the labour force 134 25.0
    Employed, worked part-time 113 21.1
    Employed, away from work 19 3.5
    Unemployed, looking for work 6 1.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 119 30.1
    Professionals 85 21.5
    Technicians & trades workers 40 10.1
    Clerical & administrative workers 38 9.6
    Sales 45 11.4
    Others 69 17.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 52 39.1
    Secondary 38 28.6
    University or other Tertiary Institutions 22 16.5
    Pre-school 14 10.5
    Technical or Further Educational Institution 7 5.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 560 96.4
    Semi-detached, row or terrace house, townhouse 14 2.4
    Caravan, cabin, houseboat 4 0.7
    House or flat attached to a shop, office 3 0.5
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 84 37.3
    Being purchased 76 33.8
    Rented 62 27.6
    Other tenure type 3 1.3
    Tenure Type
Census 2011, ABS
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