Suburb Profile Report for Pokolbin NSW (2320)

Pokolbin House: Median price $745,000, Annual capital growth 4.37%, Number of sales 28, Weekly median advertised rent N/A

Pokolbin Unit: Median price $216,000, Annual capital growth 1.44%, Number of sales 17, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Pokolbin, 2320 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.91%

While Pokolbin,2320 ranked number 534th in NSW for increase in median house value (annualised) increase, it is ranked 1187th over the last 5 years.

Sellers are offering property buyers an average discount of -4.23% to buyers in Pokolbin at the moment, which is less than average for the rest of NSW.

Situated 125.31km from the CBD, Pokolbin is one of Cessnock localities in the postcode 2320.

Investment property in Pokolbin has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.37%

If we look at median property appreciation over just the last three months, Pokolbin has given property investors a paper return of 2.86%. This puts Suburb as 134 on a list of fastest fasting appreciating suburbs in NSW

Situated 78.25km from the CBD, Pokolbin is one of Cessnock localities in the postcode 2320.

HOUSE UNIT
$745,000 $216,000
1.71% 2.86%
0.91% 5.37%
4.37% 1.44%
N/A N/A
28 17
N/A N/A
120 N/A

Source: CoreLogic

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