Suburb Profile Report for Shellharbour NSW (2529)

Shellharbour House: Median price $750,000, Annual capital growth 5.49%, Number of sales 37, Weekly median advertised rent $540

Shellharbour Unit: Median price $488,500, Annual capital growth 4.63%, 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 quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.69%.

Comparing Shellharbour,2529 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Shellharbour, 2529 is offering NSW ‘s 1024th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

Often selling an investment property can take time, and in Shellharbour the average time real estate has been on the market is 60.92 days.

A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at 5.49%.

Over the last year, property investments in Shellharbour, 2529 have given investors a capital gain of 11.02%. This compares favourably with the 6.07% for NSW as a whole.

Shellharbour,2529 was ranked 622 in Australia by increase in median property value over the quarter.

Property buyers and investors in Shellharbour 2529 should be seeing an average reduction in asking price of around -5.28% . This means that Shellharbour is holding prices well when compared to other 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 87.92 days.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.63%, investors should hope to achieve an overall return of 4.58%

Metrics i HOUSE UNIT
$750,000 $488,500
3.88% 1.77%
11.69% 11.02%
5.49% 4.63%
$540 $430
37 28
3.74% 4.58%
60.92 87.92

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