Suburb Profile Report for Green Point NSW (2428)

Green Point House: Median price $362,000, Annual capital growth 3.72%, Number of sales 24, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Green Point, 2428 have given investors a capital gain of -0.55%. This compares very badly with the 7.28% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Green Point has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Green Point itself are offering an average vendor discount of -5.07% to real estate investors.

Often selling an investment property can take time, and in Green Point the average time real estate has been on the market is 97.56 days.

HOUSE UNIT
$362,000 N/A
0.28% N/A
-0.55% N/A
3.72% N/A
$375 N/A
24 N/A
5.39% N/A
97.56 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 587
Median household income ($/weekly) 852
Median age of persons 47
Median housing loan repayment ($/monthly) 1602
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 66 11.2
    35-44 years 70 11.9
    45-54 years 109 18.6
    55-64 years 86 14.7
    65-74 years 78 13.3
    Others 178 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 244 56.1
    Not Married 140 32.2
    Defacto Relationship 51 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 470 85.6
    Greece 6 1.1
    Papua New Guinea 12 2.2
    United Kingdom 36 6.6
    Other 12 2.2
    Others 13 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 391 74.3
    No Religion 131 24.9
    Buddhism 4 0.8
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 44 21.0
    $600-$799 26 12.4
    $800-$999 22 10.5
    $1,000-$1,249 20 9.5
    $1,500-$1,999 21 10.0
    Others 77 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 195 43.1
    Employed, worked full-time 118 26.1
    Employed, worked part-time 101 22.3
    Employed, away from work 28 6.2
    Unemployed, looking for work 10 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 35 14.2
    Technicians & trades workers 39 15.9
    Clerical & administrative workers 31 12.6
    Sales 34 13.8
    Labourers 38 15.4
    Others 69 28.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 48 36.4
    Secondary 47 35.6
    University or other Tertiary Institutions 16 12.1
    Technical or Further Educational Institution 12 9.1
    Pre-school 9 6.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 548 99.5
    Semi-detached, row or terrace house, townhouse 3 0.5
    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 100 45.0
    Being purchased 80 36.0
    Rented 39 17.6
    Other tenure type 3 1.4
    Tenure Type
Census 2011, ABS
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