Suburb Profile Report for Austinmer NSW (2515)

Austinmer House: Median price $1,075,000, Annual capital growth 5.55%, Number of sales 39, Weekly median advertised rent $645

Austinmer Unit: Median price $718,500, Annual capital growth 3.46%, Number of sales 14, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.93% which means that Austinmer, 2515 has done well for property investors by showing a capital gain of 4.88% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Austinmer has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Austinmer, 2515. Typically our figures indicate that -8.84% is being offered, which puts this NSW suburb at 531th most discounted overall in Australia.

At number 1234 in a list of fastest selling suburbs, Austinmer is in the TOP 40% of suburbs in Australia with an average of days on market 65.6 for properties listed there.

Property investors should expect to get $645 weekly from the median priced house in this suburb.

Over the last year, property investments in Austinmer, 2515 have given investors a capital gain of 8.45%. This compares averagely with the 6.92% for NSW as a whole.

If we look at median property appreciation over just the last three months, Austinmer has given property investors a paper return of 2.50%. This puts Suburb as 148 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Austinmer 2515 should be seeing an average reduction in asking price of around -4.07% . This means that Austinmer is holding prices well when compared to other suburbs in NSW.

Austinmer, 2515’s gross rental yield is 3.98%

HOUSE UNIT
$1,075,000 $718,500
N/A 2.50%
4.88% 8.45%
5.55% 3.46%
$645 $550
39 14
3.12% 3.98%
65.6 63.09

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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