Suburb Profile Report for Port Kembla NSW (2505)

Port Kembla House: Median price $580,000, Annual capital growth 7.63%, Number of sales 62, Weekly median advertised rent $410

Port Kembla Unit: Median price $367,500, Annual capital growth 17.70%, Number of sales 11, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 62th in the list of Australian suburbs ordered by increase in median house value over the last year, Port Kembla, 2505 is in the top 10% with a property value increase of 33.33% recorded in median house prices.

Over the longer term, Port Kembla has seen property prices show investors a 45.00% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Port Kembla 2505 should be seeing an average reduction in asking price of around -3.41% . This means that Port Kembla is holding prices well when compared to other suburbs in NSW.

With the median price for a house in Port Kembla being $580000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.68%

NSW has seen average median house prices change by 6.07% which means that Port Kembla, 2505 has done well for property investors by showing a capital gain of 13.08% over the last year

With the median price for a house in Port Kembla being $367500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 3.96%

Metrics i HOUSE UNIT
$580,000 $367,500
5.56% N/A
33.33% 13.08%
7.63% 17.70%
$410 $280
62 11
3.68% 3.96%
44.1 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 4883
Median household income ($/weekly) 806
Median age of persons 43
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 483 9.9
    25-34 years 556 11.4
    35-44 years 621 12.7
    45-54 years 731 15.0
    55-64 years 560 11.5
    Others 1933 39.6
    Age Group
    Census Count Percent(%)
    Not Married 1747 47.1
    Registered Married 1684 45.4
    Defacto Relationship 282 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3157 68.6
    Germany 525 11.4
    Japan 186 4.0
    United Kingdom 134 2.9
    Other 212 4.6
    Others 391 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.7
    Christianity 3670 81.9
    Hinduism 10 0.2
    Islam 39 0.9
    No Religion 721 16.1
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 210 12.3
    $400-$599 255 15.0
    $600-$799 199 11.7
    $800-$999 157 9.2
    $1,500-$1,999 178 10.5
    Others 703 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1886 48.8
    Employed, worked full-time 1078 27.9
    Employed, worked part-time 571 14.8
    Unemployed, looking for work 196 5.1
    Employed, away from work 130 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 255 14.4
    Technicians & trades workers 271 15.3
    Clerical & administrative workers 240 13.5
    Sales 206 11.6
    Labourers 266 15.0
    Others 539 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 83 8.7
    Infants/Primary 293 30.9
    Secondary 267 28.1
    Technical or Further Educational Institution 139 14.6
    University or other Tertiary Institutions 145 15.3
    Others 22 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3814 84.2
    Flat, unit or apartment 456 10.1
    Semi-detached, row or terrace house, townhouse 188 4.1
    House or flat attached to a shop, office 73 1.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 821 44.6
    Rented 594 32.2
    Being purchased 418 22.7
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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