Suburb Profile Report for Basin View NSW (2540)

Basin View House: Median price $434,250, Annual capital growth 5.99%, Number of sales 42, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Basin View, 2540 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 20.63%.

Basin View,2540 was ranked 782 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Basin View are currently offering property investors an average price cut of -4.93% below the asking price at the moment.

A $330 per week rent on the median house gives suburb investors a gross yield of circa 3.95%, without taking into account capital value appreciation, which has been averaging out at 5.99%.

Metrics i HOUSE UNIT
$434,250 N/A
5.27% N/A
20.63% N/A
5.99% N/A
$330 N/A
42 N/A
3.95% N/A
67.7 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 1401
Median household income ($/weekly) 884
Median age of persons 45
Median housing loan repayment ($/monthly) 1387
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 193 13.8
    35-44 years 151 10.8
    45-54 years 206 14.7
    55-64 years 199 14.2
    65-74 years 158 11.3
    Others 494 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 531 53.3
    Not Married 347 34.8
    Defacto Relationship 118 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1149 86.8
    New Zealand 12 0.9
    Papua New Guinea 30 2.3
    United Kingdom 76 5.7
    Other 23 1.7
    Others 33 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 941 74.1
    No Religion 322 25.4
    Buddhism 4 0.3
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 86 18.5
    $600-$799 60 12.9
    $800-$999 54 11.6
    $1,000-$1,249 53 11.4
    $1,500-$1,999 56 12.0
    Others 156 33.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 542 50.9
    Employed, worked full-time 267 25.1
    Employed, worked part-time 189 17.7
    Unemployed, looking for work 34 3.2
    Employed, away from work 33 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 70 14.3
    Technicians & trades workers 79 16.1
    Community & personal service workers 77 15.7
    Sales 61 12.4
    Labourers 60 12.2
    Others 144 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 24 7.6
    Infants/Primary 128 40.5
    Secondary 100 31.6
    Technical or Further Educational Institution 31 9.8
    University or other Tertiary Institutions 27 8.5
    Others 6 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1240 98.7
    Semi-detached, row or terrace house, townhouse 13 1.0
    Caravan, cabin, houseboat 3 0.2
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 209 41.6
    Fully owned 197 39.2
    Rented 89 17.7
    Other tenure type 7 1.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals