Suburb Profile Report for Austinmer NSW (2515)

Austinmer House: Median price $1,187,500, Annual capital growth 6.55%, Number of sales 32, Weekly median advertised rent $695

Austinmer Unit: Median price $732,500, Annual capital growth 7.64%, Number of sales 18, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

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 2.81%

Taking the average capital gain, or increase in median house value, Austinmer,2515 has racked up an average of 2.81% over the period. This ranks it number 418th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Austinmer is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 85th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Austinmer the average time real estate has been on the market is 62.64 days.

The NSW suburb of Austinmer, 2515 is in the Wollongong local government area.

At number 1018th in the list of Australian suburbs ordered by increase in median house value over the last year, Austinmer, 2515 is in the BOTTOM 50% with a property value increase of 0.76% recorded in median house prices.

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 -1.87% is being offered, which puts this NSW suburb at 1438th most discounted overall in Australia.

Situated 49.06km from the CBD, Austinmer is one of Wollongong localities in the postcode 2515.

HOUSE UNIT
$1,187,500 $732,500
13.10% -0.14%
2.81% 0.76%
6.55% 7.64%
$695 $590
32 18
3.04% 4.19%
62.64 58

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Austinmer NSW
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
Chart Table
Recent sales & rentals