Suburb Profile Report for Alstonville NSW (2477)

Alstonville House: Median price $462,500, Annual capital growth 3.09%, Number of sales 96, Weekly median advertised rent $400

Alstonville Unit: Median price $300,000, Annual capital growth 2.92%, Number of sales 54, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Alstonville, 2477 have given investors a capital gain of 1.09%. This compares badly with the 7.15% for NSW as a whole.

A 18.59% growth in median value for property investors in Alstonville,2477 puts this suburb at number 1291th in terms of best performing suburbs in NSW

Alstonville2477 is located in NSW which offers an average discount of -5.53% to property investors. Alstonville itself is showing figures that indicate -5.34% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 8.00 sales per month, which equates to 96 per year.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.09%, investors should hope to achieve an overall return of 4.50%

At number 431th in the list of Australian suburbs ordered by increase in median house value over the last year, Alstonville, 2477 is in the top 30% with a property value increase of 9.09% recorded in median house prices.

Alstonville,2477 was ranked 511 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Alstonville is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 271th in terms of most discounted suburbs in NSW

Renters in Suburb are facing rents around $3720 per annum or $310 every week.

HOUSE UNIT
$462,500 $300,000
-6.09% 1.87%
1.09% 9.09%
3.09% 2.92%
$400 $310
96 54
4.50% 5.37%
73.05 87.12

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5647
Median household income ($/weekly) 888
Median age of persons 48
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 685 12.1
    35-44 years 644 11.4
    45-54 years 748 13.2
    55-64 years 758 13.4
    65-74 years 682 12.1
    Others 2132 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 2225 53.2
    Not Married 1648 39.4
    Defacto Relationship 312 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4864 88.5
    New Zealand 37 0.7
    Papua New Guinea 93 1.7
    United Kingdom 252 4.6
    Other 69 1.3
    Others 180 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 59 1.1
    Christianity 4062 76.4
    Hinduism 8 0.2
    Other Religious Groups 22 0.4
    No Religion 1160 21.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 241 11.4
    $400-$599 320 15.2
    $600-$799 260 12.3
    $800-$999 272 12.9
    $1,000-$1,249 209 9.9
    Others 809 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2173 48.1
    Employed, worked full-time 1242 27.5
    Employed, worked part-time 837 18.5
    Employed, away from work 141 3.1
    Unemployed, looking for work 129 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 265 12.0
    Professionals 502 22.6
    Technicians & trades workers 291 13.1
    Community & personal service workers 260 11.7
    Clerical & administrative workers 320 14.4
    Others 579 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 102 8.4
    Infants/Primary 441 36.4
    Secondary 395 32.6
    Technical or Further Educational Institution 113 9.3
    University or other Tertiary Institutions 134 11.1
    Others 26 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4419 83.4
    Flat, unit or apartment 400 7.6
    Semi-detached, row or terrace house, townhouse 363 6.9
    Caravan, cabin, houseboat 111 2.1
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1068 47.6
    Being purchased 621 27.7
    Rented 524 23.4
    Other tenure type 31 1.4
    Tenure Type
Census 2011, ABS
Chart Table
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