Suburb Profile Report for North Arm Cove NSW (2324)

North Arm Cove House: Median price $572,500, Annual capital growth -1.88%, Number of sales 26, Weekly median advertised rent $373

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

Source: CoreLogic

  • House Report

Investment property in North Arm Cove has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 29.38%

Our latest figures would indicate that property sellers in North Arm Cove are currently offering property investors an average price cut of -7.52% below the asking price at the moment.

Situated 154.52km from the CBD, North Arm Cove is one of Great Lakes localities in the postcode 2324.

HOUSE UNIT
$572,500 N/A
N/A N/A
29.38% N/A
-1.88% N/A
$373 N/A
26 N/A
3.38% N/A
97.26 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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