Suburb Profile Report for Mollymook Beach NSW (2539)

Mollymook Beach House: Median price $585,000, Annual capital growth 3.88%, Number of sales 75, Weekly median advertised rent $500

Mollymook Beach Unit: Median price $392,000, Annual capital growth 5.97%, Number of sales 12, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mollymook Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.18%

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

At number 574th of NSW’s most discounted properties, Mollymook Beach is in the middle of the state/territory when listing in order of most discounted to least.

Over the last year, property investments in Mollymook Beach, 2539 have given investors a capital gain of 21.74%. This compares very favourably with the 5.88% for NSW as a whole.

While Mollymook Beach,2539 ranked number 158th in NSW for increase in median house value (annualised) increase, it is ranked 417th over the last 5 years.

Sellers are offering property buyers an average discount of -2.15% to buyers in Mollymook Beach at the moment, which is less than average for the rest of NSW.

Metrics i HOUSE UNIT
$585,000 $392,000
1.52% 3.16%
18.18% 21.74%
3.88% 5.97%
$500 $600
75 12
4.44% 7.96%
91.2 36.71

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2060
Median household income ($/weekly) 767
Median age of persons 54
Median housing loan repayment ($/monthly) 1365
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 185 9.0
    45-54 years 265 12.9
    55-64 years 344 16.7
    65-74 years 342 16.6
    75-84 years 232 11.3
    Others 693 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 869 54.6
    Not Married 607 38.2
    Defacto Relationship 115 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1641 84.2
    Greece 13 0.7
    Papua New Guinea 28 1.4
    United Kingdom 145 7.4
    Other 31 1.6
    Others 90 4.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1416 74.5
    No Religion 449 23.6
    Buddhism 25 1.3
    Other Religious Groups 8 0.4
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 83 10.3
    $400-$599 162 20.2
    $600-$799 122 15.2
    $800-$999 115 14.3
    $1,000-$1,249 79 9.8
    Others 242 30.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 911 54.1
    Employed, worked full-time 355 21.1
    Employed, worked part-time 300 17.8
    Unemployed, looking for work 69 4.1
    Employed, away from work 49 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 82 11.6
    Professionals 151 21.4
    Technicians & trades workers 106 15.0
    Community & personal service workers 96 13.6
    Clerical & administrative workers 82 11.6
    Others 189 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 38 11.0
    Infants/Primary 94 27.2
    Secondary 112 32.4
    Technical or Further Educational Institution 42 12.1
    University or other Tertiary Institutions 44 12.7
    Others 16 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1751 92.6
    Semi-detached, row or terrace house, townhouse 78 4.1
    Flat, unit or apartment 61 3.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 476 54.2
    Rented 219 24.9
    Being purchased 179 20.4
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals