Suburb Profile Report for East Maitland NSW (2323)

East Maitland House: Median price $390,000, Annual capital growth 3.86%, Number of sales 239, Weekly median advertised rent $360

East Maitland Unit: Median price $270,000, Annual capital growth 1.80%, Number of sales 52, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a an average capital gain of 3.38% for the last year, East Maitland, 2323 is the 2277th highest performer in Australia in this respect.

Over the longer term, East Maitland has seen property prices show investors a 7.73% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in East Maitland should be aiming for at least -4.55% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in East Maitland the average time real estate has been on the market is 80.12 days.

Advertised rents are around the $360 mark per week – giving a return of 4.80% based on the median price in Suburb

NSW has seen average median house prices change by 6.59% which means that East Maitland, 2323 has done well for property investors by showing a capital gain of -6.90% over the last year

A -6.41% growth in median value for property investors in East Maitland,2323 puts this suburb at number 501th in terms of best performing suburbs in NSW

East Maitland2323 is located in NSW which offers an average discount of -4.48% to property investors. East Maitland itself is showing figures that indicate -4.02% is the average achievable by property buyers investing in the suburb.

With the median price for a house in East Maitland being $270000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.59%

Information supplied by:




M
O

W
E
Located in the Lower Hunter Valley, around 25km northwest of Newcastle and 160km north of Sydney, East Maitland is part of the larger city of Maitland. The other suburbs that make up the city include nearby Rutherford, Maitland and Ashtonfield.Full summary

Located in the Lower Hunter Valley, around 25km northwest of Newcastle and 160km north of Sydney, East Maitland is part of the larger city of Maitland. The other suburbs that make up the city include nearby Rutherford, Maitland and Ashtonfield.

Close
HOUSE UNIT
$390,000 $270,000
1.04% -4.26%
3.38% -6.90%
3.86% 1.80%
$360 $290
239 52
4.80% 5.59%
80.12 77.54

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in East Maitland NSW
Demographics
Total population 11014
Median household income ($/weekly) 1036
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1378 12.5
    25-34 years 1344 12.2
    35-44 years 1456 13.2
    45-54 years 1372 12.5
    55-64 years 1352 12.3
    Others 4112 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 3909 47.5
    Not Married 3538 43.0
    Defacto Relationship 782 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 9627 91.9
    Indonesia 58 0.6
    Papua New Guinea 102 1.0
    United Kingdom 279 2.7
    Other 110 1.1
    Others 294 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.4
    Christianity 8403 81.8
    Hinduism 26 0.3
    Other Religious Groups 52 0.5
    No Religion 1719 16.7
    Others 27 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 440 10.9
    $400-$599 494 12.2
    $600-$799 423 10.5
    $800-$999 361 8.9
    $1,500-$1,999 475 11.8
    Others 1849 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3377 39.6
    Employed, worked full-time 3063 36.0
    Employed, worked part-time 1513 17.8
    Employed, away from work 298 3.5
    Unemployed, looking for work 269 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 486 10.0
    Professionals 988 20.3
    Technicians & trades workers 886 18.2
    Clerical & administrative workers 679 13.9
    Labourers 465 9.6
    Others 1365 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 173 7.1
    Infants/Primary 895 36.8
    Secondary 650 26.7
    Technical or Further Educational Institution 283 11.6
    University or other Tertiary Institutions 382 15.7
    Others 49 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8665 83.4
    Semi-detached, row or terrace house, townhouse 912 8.8
    Flat, unit or apartment 780 7.5
    House or flat attached to a shop, office 32 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1488 34.4
    Rented 1456 33.7
    Being purchased 1323 30.6
    Other tenure type 55 1.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals