Suburb Profile Report for Shellharbour NSW (2529)

Shellharbour House: Median price $682,500, Annual capital growth 4.46%, Number of sales 34, Weekly median advertised rent $540

Shellharbour Unit: Median price $465,000, Annual capital growth 3.46%, Number of sales 25, Weekly median advertised rent $413

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 6.64% for the last year, Shellharbour, 2529 is the 1632th highest performer in Australia in this respect.

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.

Property investors looking for a bargain in Shellharbour should be aiming for at least -3.89% off the asking price, which is the average vendor discount being achieved at the moment.

At number 641 in a list of fastest selling suburbs, Shellharbour is in the TOP 20% of suburbs in Australia with an average of days on market 52.48 for properties listed there.

Advertised rents are around the $540 mark per week – giving a return of 4.11% based on the median price in Suburb

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 10.98%.

Taking the average capital gain, or increase in median house value, Shellharbour,2529 has racked up an average of 10.98% over the period. This ranks it number 95th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Shellharbour, 2529. Typically our figures indicate that -3.44% is being offered, which puts this NSW suburb at 1237th most discounted overall in Australia.

On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.

HOUSE UNIT
$682,500 $465,000
0.96% 1.53%
6.64% 10.98%
4.46% 3.46%
$540 $413
34 25
4.11% 4.61%
52.48 70.26

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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