Suburb Profile Report for Green Point NSW (2428)

Green Point House: Median price $375,000, Annual capital growth 5.40%, Number of sales 18, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

At number 2380th in the list of Australian suburbs ordered by increase in median house value over the last year, Green Point, 2428 is in the BOTTOM 50% with a property value increase of 4.17% recorded in median house prices.

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.

Sellers are offering property buyers an average discount of -6.31% to buyers in Green Point at the moment, which is less than average for the rest of NSW.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.27%, without taking into account capital value appreciation, which has been averaging out at 5.40%.

Metrics i HOUSE UNIT
$375,000 N/A
1.76% N/A
4.17% N/A
5.40% N/A
$380 N/A
18 N/A
5.27% N/A
133.53 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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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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