Suburb Profile Report for North Arm Cove NSW (2324)

North Arm Cove House: Median price $572,500, Annual capital growth -2.74%, Number of sales 24, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report

Over the last year, property investments in North Arm Cove, 2324 have given investors a capital gain of 29.38%. This compares very favourably with the 7.28% for NSW as a whole.

Taking the average capital gain, or increase in median house value, North Arm Cove,2324 has racked up an average of 29.38% over the period. This ranks it number 751th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that North Arm Cove is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 128th in terms of most discounted suburbs in NSW

North Arm Cove, 2324’s gross rental yield is 3.32%

HOUSE UNIT
$572,500 N/A
N/A N/A
29.38% N/A
-2.74% N/A
$365 N/A
24 N/A
3.32% N/A
102.07 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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Demographics
Total population 424
Median household income ($/weekly) 804
Median age of persons 60
Median housing loan repayment ($/monthly) 926
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 38 9.0
    45-54 years 49 11.6
    55-64 years 89 21.1
    65-74 years 101 24.0
    75-84 years 42 10.0
    Others 102 24.2
    Age Group
    Census Count Percent(%)
    Registered Married 207 65.7
    Not Married 86 27.3
    Defacto Relationship 22 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 321 78.5
    Greece 8 2.0
    Papua New Guinea 6 1.5
    United Kingdom 49 12.0
    Other 9 2.2
    Others 16 3.9
    Country of Birth
    Census Count Percent(%)
    Christianity 319 79.6
    No Religion 78 19.5
    Buddhism 4 1.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 23 14.6
    $600-$799 31 19.6
    $800-$999 25 15.8
    $1,250-$1,499 13 8.2
    $1,500-$1,999 14 8.9
    Others 52 32.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 221 62.1
    Employed, worked full-time 74 20.8
    Employed, worked part-time 36 10.1
    Employed, away from work 13 3.7
    Unemployed, looking for work 12 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 19 15.1
    Professionals 22 17.5
    Technicians & trades workers 17 13.5
    Clerical & administrative workers 16 12.7
    Labourers 18 14.3
    Others 34 27.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 32 56.1
    Secondary 10 17.5
    University or other Tertiary Institutions 7 12.3
    Pre-school 4 7.0
    Technical or Further Educational Institution 4 7.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 377 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    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 88 50.3
    Being purchased 45 25.7
    Rented 42 24.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals