Suburb Profile Report for Laurieton NSW (2443)

Laurieton House: Median price $390,000, Annual capital growth 1.71%, Number of sales 34, Weekly median advertised rent $400

Laurieton Unit: Median price $356,000, Annual capital growth 3.39%, Number of sales 26, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Laurieton is in the bottom 10% in NSW when comparing median price capital growth over the last year. Laurieton gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.14%.

Laurieton,2443 was ranked 3632 in Australia by increase in median property value over the quarter.

Property buyers and investors in Laurieton 2443 should be seeing an average reduction in asking price of around -2.96% . This means that Laurieton is holding prices well when compared to other suburbs in NSW.

At number 1491 in a list of fastest selling suburbs, Laurieton is in the TOP 40% of suburbs in Australia with an average of days on market 71.24 for properties listed there.

Laurieton is 143th on a list of best yielding suburbs for rents in NSW with a 5.33% return

Property investors who have had real estate in Laurieton, 2443 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.11%

A 13.02% growth in median value for property investors in Laurieton,2443 puts this suburb at number 485th in terms of best performing suburbs in NSW

Sellers are offering property buyers an average discount of -4.48% to buyers in Laurieton at the moment, which is less than average for the rest of NSW.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.67%, without taking into account capital value appreciation, which has been averaging out at 3.39%.

HOUSE UNIT
$390,000 $356,000
-4.74% -3.52%
-7.14% -1.11%
1.71% 3.39%
$400 $320
34 26
5.33% 4.67%
71.24 118.15

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 1930
Median household income ($/weekly) 567
Median age of persons 64
Median housing loan repayment ($/monthly) 1352
Average household size 1.8
  • Census Count Percent(%)
    45-54 years 203 10.5
    55-64 years 299 15.5
    65-74 years 375 19.4
    75-84 years 393 20.4
    85 years and over 171 8.9
    Others 490 25.4
    Age Group
    Census Count Percent(%)
    Registered Married 737 47.9
    Not Married 683 44.4
    Defacto Relationship 119 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1609 89.1
    Croatia 11 0.6
    Papua New Guinea 27 1.5
    United Kingdom 106 5.9
    Other 13 0.7
    Others 40 2.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1415 80.7
    No Religion 308 17.6
    Buddhism 18 1.0
    Islam 6 0.3
    Other Religious Groups 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 49 5.6
    $300-$399 161 18.5
    $400-$599 228 26.2
    $600-$799 136 15.6
    $800-$999 104 12.0
    Others 192 22.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1155 70.5
    Employed, worked full-time 228 13.9
    Employed, worked part-time 172 10.5
    Unemployed, looking for work 52 3.2
    Employed, away from work 32 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 45 10.4
    Technicians & trades workers 89 20.6
    Community & personal service workers 53 12.3
    Sales 58 13.4
    Labourers 56 13.0
    Others 131 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 15 7.5
    Infants/Primary 68 33.8
    Secondary 64 31.8
    Technical or Further Educational Institution 27 13.4
    University or other Tertiary Institutions 22 10.9
    Others 5 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1248 71.8
    Semi-detached, row or terrace house, townhouse 250 14.4
    Flat, unit or apartment 140 8.1
    Caravan, cabin, houseboat 95 5.5
    House or flat attached to a shop, office 6 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 491 53.5
    Rented 269 29.3
    Being purchased 117 12.7
    Other tenure type 41 4.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals