Suburb Profile Report for Surf Beach NSW (2536)

Surf Beach House: Median price $415,000, Annual capital growth 2.90%, Number of sales 66, Weekly median advertised rent $390

Surf Beach Unit: Median price $275,000, Annual capital growth 2.35%, Number of sales 34, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Surf Beach has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.16% to date .

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.

Our latest figures would indicate that property sellers in Surf Beach are currently offering property investors an average price cut of -3.67% below the asking price at the moment.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 2.90%, investors should hope to achieve an overall return of 4.89%

Giving property investors a an average capital gain of 1.85% for the last year, Surf Beach, 2536 is the 1022th highest performer in Australia in this respect.

Surf Beach,2536 has offered an average of 1.85% return per annum in house price rises to property investors over the last three years.

The most recent median price for Surf Beach is $275000, with sellers offering an average of -2.57% off the asking price.

Residents and property investors in Surf Beach have been waiting around 112.15 days to sell a property.

Surf Beach, 2536’s gross rental yield is 5.48%

Metrics i HOUSE UNIT
$415,000 $275,000
3.75% 1.85%
12.16% 1.85%
2.90% 2.35%
$390 $290
66 34
4.89% 5.48%
90.14 112.15

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Surf Beach NSW
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
Chart Table
Recent sales & rentals