Suburb Profile Report for Surf Beach NSW (2536)

Surf Beach House: Median price $370,000, Annual capital growth 0.72%, Number of sales 69, Weekly median advertised rent $400

Surf Beach Unit: Median price $272,500, Annual capital growth 1.32%, Number of sales 29, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.15% which means that Surf Beach, 2536 has done well for property investors by showing a capital gain of 6.47% over the last year

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

Sellers are offering property buyers an average discount of -5.47% to buyers in Surf Beach at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 0.72%, investors should hope to achieve an overall return of 5.62%

Property value increases in Surf Beach have tracked just higher than the NSW average of 6.59% over the last 12 months.

Over the longer term, Surf Beach has seen property prices show investors a 1.87% return over the last 3 years. This is an improvement over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Surf Beach is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 196th in terms of most discounted suburbs in NSW

Situated 189.64km from the CBD, Surf Beach is one of Eurobodalla localities in the postcode 2536.

HOUSE UNIT
$370,000 $272,500
-1.20% 13.54%
6.47% 11.68%
0.72% 1.32%
$400 $280
69 29
5.62% 5.34%
98.78 129.3

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2042
Median household income ($/weekly) 745
Median age of persons 49
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 232 11.4
    35-44 years 200 9.8
    45-54 years 250 12.2
    55-64 years 340 16.6
    65-74 years 317 15.5
    Others 704 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 713 51.9
    Not Married 538 39.2
    Defacto Relationship 122 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1482 84.6
    New Zealand 15 0.9
    Papua New Guinea 22 1.3
    United Kingdom 109 6.2
    Other 41 2.3
    Others 82 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1306 77.8
    No Religion 354 21.1
    Buddhism 10 0.6
    Other Religious Groups 8 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 74 10.9
    $400-$599 140 20.6
    $600-$799 124 18.3
    $800-$999 78 11.5
    $1,000-$1,249 65 9.6
    Others 198 29.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 740 51.0
    Employed, worked full-time 314 21.6
    Employed, worked part-time 280 19.3
    Unemployed, looking for work 66 4.5
    Employed, away from work 51 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 75 11.6
    Professionals 106 16.4
    Technicians & trades workers 98 15.2
    Clerical & administrative workers 80 12.4
    Sales 97 15.0
    Others 190 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 25 7.6
    Infants/Primary 144 43.5
    Secondary 90 27.2
    Technical or Further Educational Institution 38 11.5
    University or other Tertiary Institutions 23 6.9
    Others 11 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1345 78.0
    Flat, unit or apartment 209 12.1
    Semi-detached, row or terrace house, townhouse 168 9.7
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 335 45.0
    Rented 236 31.7
    Being purchased 171 23.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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