Suburb Profile Report for Mollymook NSW (2539)

Mollymook House: Median price $750,000, Annual capital growth 6.18%, Number of sales 27, Weekly median advertised rent $680

Mollymook Unit: Median price $430,000, Annual capital growth N/A, Number of sales 16, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Mollymook has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 41.51% to date .

The five-year average increase in median property values for Mollymook,2539 has given property investors a potential capital gain of 93.80% across each of those five years.

Property investors looking for a bargain in Mollymook should be aiming for at least -5.72% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.

Mollymook is 236th on a list of best yielding suburbs for rents in NSW with a 4.71% return

NSW has seen average median house prices change by 6.22% which means that Mollymook, 2539 has done well for property investors by showing a capital gain of 26.47% over the last year

Our latest figures would indicate that property sellers in Mollymook are currently offering property investors an average price cut of -6.62% below the asking price at the moment.

The NSW suburb of Mollymook, 2539 is in the Shoalhaven local government area.

Metrics i HOUSE UNIT
$750,000 $430,000
19.43% N/A
41.51% 26.47%
6.18% N/A
$680 $600
27 16
4.71% 7.26%
103.39 148.4

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 1184
Median household income ($/weekly) 816
Median age of persons 51
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 146 12.3
    35-44 years 133 11.2
    45-54 years 150 12.7
    55-64 years 211 17.8
    65-74 years 181 15.3
    Others 363 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 486 56.9
    Not Married 302 35.4
    Defacto Relationship 66 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 963 87.0
    Japan 9 0.8
    Papua New Guinea 20 1.8
    United Kingdom 72 6.5
    Other 18 1.6
    Others 25 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 840 79.1
    No Religion 189 17.8
    Buddhism 29 2.7
    Other Religious Groups 4 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 41 9.9
    $400-$599 76 18.4
    $600-$799 56 13.5
    $800-$999 63 15.2
    $1,500-$1,999 38 9.2
    Others 140 33.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 459 49.0
    Employed, worked full-time 216 23.1
    Employed, worked part-time 188 20.1
    Employed, away from work 40 4.3
    Unemployed, looking for work 33 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 63 14.2
    Professionals 56 12.6
    Technicians & trades workers 68 15.3
    Clerical & administrative workers 70 15.7
    Sales 64 14.4
    Others 124 27.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 80 37.7
    Secondary 70 33.0
    University or other Tertiary Institutions 25 11.8
    Technical or Further Educational Institution 20 9.4
    Pre-school 17 8.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 963 91.0
    Flat, unit or apartment 63 6.0
    Semi-detached, row or terrace house, townhouse 28 2.6
    Caravan, cabin, houseboat 4 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 236 52.2
    Being purchased 121 26.8
    Rented 95 21.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals