Suburb Profile Report for Shellharbour NSW (2529)

Shellharbour House: Median price $700,000, Annual capital growth 4.56%, Number of sales 36, Weekly median advertised rent $530

Shellharbour Unit: Median price $483,500, Annual capital growth 3.98%, Number of sales 27, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 6.87% for the last 12 months, Shellharbour, 2529 has performed for property investments than its average annual 4.56% property growth over the last 5 years.

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

Vendor discounting in Shellharbour is giving property investors an average Vendor Discount of around -3.12%. This puts suburb at number 1119th in NSW when ranking the most discounted suburbs.

Situated 84.89km from the CBD, Shellharbour is one of Shellharbour localities in the postcode 2529.

Investment property in Shellharbour has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.79%

Across a shorter period, Shellharbour, 2529 has seen a median price increase of 3.98% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Shellharbour is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 144th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Shellharbour the average time real estate has been on the market is 81.31 days.

HOUSE UNIT
$700,000 $483,500
2.94% 3.98%
6.87% 11.79%
4.56% 3.98%
$530 $420
36 27
3.94% 4.52%
50.66 81.31

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3326
Median household income ($/weekly) 1208
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 409 12.3
    25-34 years 309 9.3
    35-44 years 431 13.0
    45-54 years 584 17.6
    55-64 years 412 12.4
    Others 1182 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 1335 52.2
    Not Married 1024 40.0
    Defacto Relationship 200 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2651 82.7
    Germany 56 1.7
    Papua New Guinea 31 1.0
    United Kingdom 201 6.3
    Other 65 2.0
    Others 201 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.5
    Christianity 2544 81.9
    Islam 34 1.1
    Other Religious Groups 11 0.4
    No Religion 492 15.8
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 123 11.5
    $600-$799 112 10.5
    $800-$999 101 9.4
    $1,500-$1,999 148 13.8
    $2,000-$2,499 101 9.4
    Others 485 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 973 36.7
    Not in the labour force 953 35.9
    Employed, worked part-time 502 18.9
    Employed, away from work 124 4.7
    Unemployed, looking for work 101 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 266 16.6
    Technicians & trades workers 261 16.3
    Community & personal service workers 198 12.4
    Clerical & administrative workers 218 13.6
    Sales 178 11.1
    Others 477 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 65 8.0
    Infants/Primary 279 34.1
    Secondary 244 29.9
    Technical or Further Educational Institution 104 12.7
    University or other Tertiary Institutions 112 13.7
    Others 13 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2629 82.5
    Flat, unit or apartment 259 8.1
    Semi-detached, row or terrace house, townhouse 249 7.8
    House or flat attached to a shop, office 44 1.4
    Caravan, cabin, houseboat 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 467 39.1
    Being purchased 361 30.2
    Rented 361 30.2
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals