Suburb Profile Report for Shellharbour NSW (2529)

Shellharbour House: Median price $700,000, Annual capital growth 4.71%, Number of sales 38, Weekly median advertised rent $530

Shellharbour Unit: Median price $475,000, Annual capital growth 3.81%, Number of sales 23, Weekly median advertised rent $420

  • 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 around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.26%.

If we look at median property appreciation over just the last three months, Shellharbour has given property investors a paper return of 2.94%. This puts Suburb as 472 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Shellharbour are currently offering property investors an average price cut of -3.29% below the asking price at the moment.

Using the current median advertised rental of $530 and the average annual increase in value of a median property of 4.71%, investors should hope to achieve an overall return of 3.94%

Over the last year, property investments in Shellharbour, 2529 have given investors a capital gain of 12.09%. This compares favourably with the 5.59% for NSW as a whole.

Shellharbour,2529 has offered an average of 12.09% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Shellharbour is giving property investors an average Vendor Discount of around -3.64%. This puts suburb at number 333th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Shellharbour the average time real estate has been on the market is 69 days.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 3.81%, investors should hope to achieve an overall return of 4.60%

HOUSE UNIT
$700,000 $475,000
2.94% 3.83%
5.26% 12.09%
4.71% 3.81%
$530 $420
38 23
3.94% 4.60%
44.8 69

Source: CoreLogic

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