Suburb Profile Report for South West Rocks NSW (2431)

South West Rocks House: Median price $395,000, Annual capital growth 1.60%, Number of sales 129, Weekly median advertised rent $370

South West Rocks Unit: Median price $280,000, Annual capital growth 0.30%, Number of sales 52, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1644th in the list of Australian suburbs ordered by increase in median house value over the last year, South West Rocks, 2431 is in the top 40% with a property value increase of 6.76% recorded in median house prices.

South West Rocks,2431 was ranked 1458 in Australia by increase in median property value over the quarter.

South West Rocks, 2431 is offering NSW ‘s 917th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

Often selling an investment property can take time, and in South West Rocks the average time real estate has been on the market is 115.45 days.

NSW has seen average median house prices change by 5.73% which means that South West Rocks, 2431 has done well for property investors by showing a capital gain of 12.00% over the last year

While South West Rocks,2431 ranked number 15th in NSW for increase in median house value (annualised) increase, it is ranked 391th over the last 5 years.

Vendor discounting in South West Rocks is giving property investors an average Vendor Discount of around -5.04%. This puts suburb at number 145th in NSW when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$395,000 $280,000
2.33% 16.18%
6.76% 12.00%
1.60% 0.30%
$370 $325
129 52
4.87% 6.04%
115.45 119.57

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 4302
Median household income ($/weekly) 686
Median age of persons 53
Median housing loan repayment ($/monthly) 1495
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 449 10.4
    45-54 years 535 12.4
    55-64 years 728 16.9
    65-74 years 733 17.0
    75-84 years 429 10.0
    Others 1429 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 1688 52.2
    Not Married 1242 38.4
    Defacto Relationship 306 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3733 91.7
    Greece 19 0.5
    Papua New Guinea 50 1.2
    United Kingdom 161 4.0
    Other 34 0.8
    Others 72 1.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.8
    Christianity 3130 79.1
    Hinduism 3 0.1
    Other Religious Groups 7 0.2
    No Religion 776 19.6
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 226 13.5
    $400-$599 369 22.1
    $600-$799 249 14.9
    $800-$999 196 11.7
    $1,000-$1,249 121 7.2
    Others 512 30.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2029 58.7
    Employed, worked full-time 688 19.9
    Employed, worked part-time 537 15.5
    Employed, away from work 114 3.3
    Unemployed, looking for work 91 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 174 13.0
    Professionals 185 13.8
    Technicians & trades workers 190 14.2
    Community & personal service workers 190 14.2
    Labourers 186 13.9
    Others 413 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 64 8.9
    Infants/Primary 285 39.8
    Secondary 219 30.6
    Technical or Further Educational Institution 81 11.3
    University or other Tertiary Institutions 45 6.3
    Others 22 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3511 87.6
    Flat, unit or apartment 265 6.6
    Semi-detached, row or terrace house, townhouse 214 5.3
    Caravan, cabin, houseboat 20 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 909 50.8
    Rented 540 30.2
    Being purchased 336 18.8
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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