Suburb Profile Report for Tuross Head NSW (2537)

Tuross Head House: Median price $409,000, Annual capital growth 2.72%, Number of sales 100, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

Investment property in Tuross Head has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.61%

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

At number 955th of NSW’s most discounted properties, Tuross Head is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Tuross Head the average time real estate has been on the market is 99.14 days.

Using the current median advertised rental of $375 and the average annual increase in value of a median property of 2.72%, investors should hope to achieve an overall return of 4.77%

Metrics i HOUSE UNIT
$409,000 N/A
1.61% N/A
13.61% N/A
2.72% N/A
$375 N/A
100 N/A
4.77% N/A
99.14 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2149
Median household income ($/weekly) 744
Median age of persons 57
Median housing loan repayment ($/monthly) 1400
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 188 8.7
    45-54 years 284 13.2
    55-64 years 464 21.6
    65-74 years 438 20.4
    75-84 years 235 10.9
    Others 540 25.1
    Age Group
    Census Count Percent(%)
    Registered Married 945 55.9
    Not Married 584 34.5
    Defacto Relationship 163 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1720 82.3
    Egypt 18 0.9
    Papua New Guinea 32 1.5
    United Kingdom 187 8.9
    Other 36 1.7
    Others 98 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1477 72.7
    No Religion 535 26.3
    Buddhism 16 0.8
    Other Religious Groups 3 0.1
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 98 11.1
    $400-$599 199 22.5
    $600-$799 121 13.7
    $800-$999 125 14.2
    $1,500-$1,999 84 9.5
    Others 256 29.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1095 60.1
    Employed, worked full-time 343 18.8
    Employed, worked part-time 294 16.1
    Unemployed, looking for work 52 2.9
    Employed, away from work 38 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 79 11.7
    Professionals 116 17.2
    Technicians & trades workers 129 19.1
    Community & personal service workers 94 13.9
    Clerical & administrative workers 88 13.0
    Others 170 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 27 8.3
    Infants/Primary 119 36.4
    Secondary 105 32.1
    Technical or Further Educational Institution 37 11.3
    University or other Tertiary Institutions 24 7.3
    Others 15 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1909 95.9
    Flat, unit or apartment 50 2.5
    Semi-detached, row or terrace house, townhouse 26 1.3
    Caravan, cabin, houseboat 6 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 544 56.4
    Rented 225 23.3
    Being purchased 192 19.9
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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