Suburb Profile Report for Bulli NSW (2516)

Bulli House: Median price $950,000, Annual capital growth 7.47%, Number of sales 89, Weekly median advertised rent $595

Bulli Unit: Median price $605,000, Annual capital growth 7.52%, Number of sales 13, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 117th in the list of Australian suburbs ordered by increase in median house value over the last year, Bulli, 2516 is in the top 10% with a property value increase of 26.67% recorded in median house prices.

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

Property investors looking for a bargain in Bulli should be aiming for at least -2.71% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors who have had real estate in Bulli, 2516 should be pleased 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 31.52%

While Bulli,2516 ranked number 57th in NSW for increase in median house value (annualised) increase, it is ranked 498th over the last 5 years.

On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 7.52%, investors should hope to achieve an overall return of 4.13%

Metrics i HOUSE UNIT
$950,000 $605,000
4.97% 8.04%
26.67% 31.52%
7.47% 7.52%
$595 $480
89 13
3.26% 4.13%
45.03 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 5671
Median household income ($/weekly) 1463
Median age of persons 38
Median housing loan repayment ($/monthly) 2295
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 845 14.9
    25-34 years 581 10.2
    35-44 years 876 15.4
    45-54 years 891 15.7
    55-64 years 659 11.6
    Others 1819 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 2118 51.9
    Not Married 1610 39.4
    Defacto Relationship 355 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4686 85.7
    Greece 47 0.9
    Papua New Guinea 72 1.3
    United Kingdom 324 5.9
    Other 96 1.8
    Others 240 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 62 1.2
    Christianity 3747 70.7
    Islam 23 0.4
    Other Religious Groups 24 0.5
    No Religion 1435 27.1
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 169 9.4
    $1,500-$1,999 217 12.1
    $2,000-$2,499 187 10.4
    $2,500-$2,999 173 9.6
    $3,000-$3,499 135 7.5
    Others 917 51.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1640 38.7
    Not in the labour force 1393 32.8
    Employed, worked part-time 900 21.2
    Employed, away from work 171 4.0
    Unemployed, looking for work 138 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 320 11.8
    Professionals 744 27.5
    Technicians & trades workers 416 15.4
    Community & personal service workers 316 11.7
    Clerical & administrative workers 375 13.8
    Others 539 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 147 9.5
    Infants/Primary 579 37.5
    Secondary 421 27.2
    Technical or Further Educational Institution 124 8.0
    University or other Tertiary Institutions 249 16.1
    Others 26 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4713 87.8
    Semi-detached, row or terrace house, townhouse 511 9.5
    Flat, unit or apartment 119 2.2
    Caravan, cabin, houseboat 17 0.3
    House or flat attached to a shop, office 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 785 39.9
    Fully owned 652 33.2
    Rented 522 26.6
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals