Suburb Profile Report for South West Rocks NSW (2431)

South West Rocks House: Median price $385,000, Annual capital growth 1.19%, Number of sales 135, Weekly median advertised rent $360

South West Rocks Unit: Median price $273,750, Annual capital growth 0.56%, Number of sales 49, Weekly median advertised rent $268

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 6.35% for the last year, South West Rocks, 2431 is the 1629th highest performer in Australia in this respect.

The five-year average increase in median property values for South West Rocks,2431 has given property investors a potential capital gain of 4.05% across each of those five years.

Property buyers and investors in South West Rocks 2431 should be seeing an average reduction in asking price of around -4.19% . This means that South West Rocks is holding prices well when compared to other suburbs in NSW.

Advertised rents are around the $360 mark per week – giving a return of 4.86% based on the median price in Suburb

NSW has seen average median house prices change by 5.59% which means that South West Rocks, 2431 has done well for property investors by showing a capital gain of 1.39% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, South West Rocks comes in at number 436th in NSW.

South West Rocks, 2431 is offering NSW ‘s 116th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

With the median price for a house in South West Rocks being $273750 and the advertised rent reaching $267.5 the gross rental yield for property investors calculates out to be 5.08%

HOUSE UNIT
$385,000 $273,750
0.52% 15.02%
6.35% 1.39%
1.19% 0.56%
$360 $268
135 49
4.86% 5.08%
115.66 119.77

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (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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