Suburb Profile Report for North Arm Cove NSW (2324)

North Arm Cove House: Median price $338,750, Annual capital growth 2.54%, Number of sales 28, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in North Arm Cove, 2324 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -29.43%

The most recent median price for North Arm Cove is $338750, with sellers offering an average of -5.87% off the asking price.

Residents and property investors in North Arm Cove have been waiting around 130.73 days to sell a property.

With the median price for a house in North Arm Cove being $338750 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.99%

HOUSE UNIT
$338,750 N/A
-8.45% N/A
-29.43% N/A
2.54% N/A
$390 N/A
28 N/A
5.99% N/A
130.73 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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
Chart Table
Recent sales & rentals