Suburb Profile Report for Austinmer NSW (2515)

Austinmer House: Median price $1,130,000, Annual capital growth 6.51%, Number of sales 33, Weekly median advertised rent $695

Austinmer Unit: Median price $750,000, Annual capital growth 5.12%, Number of sales 18, Weekly median advertised rent $560

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Austinmer, 2515 have given investors a capital gain of -1.74%. This compares very badly with the 6.38% for NSW as a whole.

Austinmer,2515 was ranked 613 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -9.66% to buyers in Austinmer at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.

Advertised rents are around the $695 mark per week – giving a return of 3.20% based on the median price in Suburb

Property investors who have had real estate in Austinmer, 2515 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.25%

While Austinmer,2515 ranked number 121th in NSW for increase in median house value (annualised) increase, it is ranked 251th over the last 5 years.

Our latest figures would indicate that property sellers in Austinmer are currently offering property investors an average price cut of -1.87% below the asking price at the moment.

In the last year 18 properties changed hands in Austinmer, which puts it as the 460th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $560 and the average annual increase in value of a median property of 5.12%, investors should hope to achieve an overall return of 3.88%

HOUSE UNIT
$1,130,000 $750,000
5.12% 4.38%
-1.74% 2.25%
6.51% 5.12%
$695 $560
33 18
3.20% 3.88%
69.35 59.3

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2452
Median household income ($/weekly) 1786
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 344 14.0
    25-34 years 237 9.7
    35-44 years 351 14.3
    45-54 years 405 16.5
    55-64 years 340 13.9
    Others 775 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 919 53.1
    Not Married 641 37.1
    Defacto Relationship 170 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1955 84.7
    Papua New Guinea 28 1.2
    South Africa 17 0.7
    United Kingdom 170 7.4
    Other 39 1.7
    Others 100 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 1.5
    Christianity 1348 60.5
    Islam 7 0.3
    Judaism 9 0.4
    No Religion 823 36.9
    Others 8 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 61 8.2
    $1,500-$1,999 81 10.9
    $2,000-$2,499 80 10.8
    $2,500-$2,999 100 13.5
    $3,000-$3,499 75 10.1
    Others 343 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 683 37.4
    Not in the labour force 563 30.8
    Employed, worked part-time 437 23.9
    Employed, away from work 92 5.0
    Unemployed, looking for work 52 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 173 14.3
    Professionals 480 39.7
    Technicians & trades workers 137 11.3
    Community & personal service workers 113 9.3
    Clerical & administrative workers 151 12.5
    Others 156 12.9
    Occupation
    Census Count Percent(%)
    Pre-school 62 8.7
    Infants/Primary 225 31.6
    Secondary 192 27.0
    Technical or Further Educational Institution 55 7.7
    University or other Tertiary Institutions 152 21.4
    Others 25 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1987 87.5
    Semi-detached, row or terrace house, townhouse 203 8.9
    Flat, unit or apartment 82 3.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 336 40.1
    Being purchased 309 36.9
    Rented 186 22.2
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals