Suburb Profile Report for Shellharbour NSW (2529)

Shellharbour House: Median price $808,000, Annual capital growth 6.35%, Number of sales 46, Weekly median advertised rent $530

Shellharbour Unit: Median price $490,000, Annual capital growth 3.36%, Number of sales 28, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Shellharbour, 2529 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 20.33%.

When looking at the potential capital gains offered to property investors over the last 3 years, Shellharbour comes in at number 304th in NSW.

Property investors looking for a bargain in Shellharbour should be aiming for at least -4.73% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $530 and the average annual increase in value of a median property of 6.35%, investors should hope to achieve an overall return of 3.41%

NSW has seen average median house prices change by 6.96% which means that Shellharbour, 2529 has done well for property investors by showing a capital gain of 6.99% over the last year

While Shellharbour,2529 ranked number 264th in NSW for increase in median house value (annualised) increase, it is ranked 337th over the last 5 years.

At number 94th of NSW’s most discounted properties, Shellharbour is in the bottom 30% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Shellharbour being $490000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.56%

Metrics i HOUSE UNIT
$808,000 $490,000
8.46% 2.08%
20.33% 6.99%
6.35% 3.36%
$530 $430
46 28
3.41% 4.56%
65.32 90.45

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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