Suburb Profile Report for Weston NSW (2326)

Weston House: Median price $297,500, Annual capital growth 4.43%, Number of sales 80, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Investment property in Weston 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 21.43%

A 34.01% growth in median value for property investors in Weston,2326 puts this suburb at number 455th in terms of best performing suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Weston is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 539th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.

Situated 119.54km from the CBD, Weston is one of Cessnock localities in the postcode 2326.

HOUSE UNIT
$297,500 N/A
2.23% N/A
21.43% N/A
4.43% N/A
$300 N/A
80 N/A
5.24% N/A
97.8 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Weston NSW
Demographics
Total population 3680
Median household income ($/weekly) 973
Median age of persons 36
Median housing loan repayment ($/monthly) 1430
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 552 15.0
    25-34 years 470 12.8
    35-44 years 483 13.1
    45-54 years 430 11.7
    55-64 years 465 12.6
    Others 1282 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 1129 44.1
    Not Married 1094 42.8
    Defacto Relationship 336 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3304 94.2
    Greece 16 0.5
    Papua New Guinea 27 0.8
    Philippines 16 0.5
    United Kingdom 94 2.7
    Others 51 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 2672 78.7
    No Religion 699 20.6
    Other Religious Groups 13 0.4
    Buddhism 7 0.2
    Islam 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 127 11.0
    $400-$599 153 13.3
    $600-$799 121 10.5
    $800-$999 115 10.0
    $1,500-$1,999 159 13.8
    Others 476 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1196 44.2
    Employed, worked full-time 854 31.6
    Employed, worked part-time 416 15.4
    Employed, away from work 125 4.6
    Unemployed, looking for work 114 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 268 19.3
    Community & personal service workers 153 11.0
    Clerical & administrative workers 155 11.1
    Machinery operators & drivers 218 15.7
    Labourers 250 18.0
    Others 348 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 88 10.9
    Infants/Primary 352 43.7
    Secondary 232 28.8
    Technical or Further Educational Institution 81 10.1
    University or other Tertiary Institutions 32 4.0
    Others 20 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3416 98.2
    Semi-detached, row or terrace house, townhouse 43 1.2
    Flat, unit or apartment 14 0.4
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 494 39.1
    Fully owned 432 34.2
    Rented 332 26.3
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals