Suburb Profile Report for Sussex Inlet NSW (2540)

Sussex Inlet House: Median price $440,000, Annual capital growth 3.61%, Number of sales 116, Weekly median advertised rent $750

Sussex Inlet Unit: Median price $245,000, Annual capital growth -1.01%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Sussex Inlet, 2540 have given investors a capital gain of 15.94%. This compares very favourably with the 7.47% for NSW as a whole.

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

Sellers are offering property buyers an average discount of -4.53% to buyers in Sussex Inlet at the moment, which is less than average for the rest of NSW.

In the last year 116 properties changed hands in Sussex Inlet, which puts it as the 215th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Sussex Inlet being $440000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 8.86%

Sussex Inlet, 2540 ranked 456th in NSW when comparing growth in median property values or capital gain over the last 12 months. Sussex Inlet is one of 3163 in our list for NSW

While Sussex Inlet,2540 ranked number 502th in NSW for increase in median house value (annualised) increase, it is ranked 499th over the last 5 years.

Metrics i HOUSE UNIT
$440,000 $245,000
4.76% -2.97%
15.94% -1.01%
3.61% -1.01%
$750 N/A
116 10
8.86% N/A
98.41 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3570
Median household income ($/weekly) 598
Median age of persons 59
Median housing loan repayment ($/monthly) 1382
Average household size 2
  • Census Count Percent(%)
    5-14 years 304 8.5
    45-54 years 453 12.7
    55-64 years 627 17.6
    65-74 years 719 20.1
    75-84 years 477 13.4
    Others 991 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 1499 53.3
    Not Married 1123 40.0
    Defacto Relationship 188 6.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2942 86.3
    Greece 26 0.8
    Papua New Guinea 31 0.9
    United Kingdom 254 7.4
    Other 42 1.2
    Others 116 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.4
    Christianity 2707 82.0
    Islam 4 0.1
    Other Religious Groups 9 0.3
    No Religion 562 17.0
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 227 15.8
    $400-$599 355 24.7
    $600-$799 205 14.2
    $800-$999 189 13.1
    $1,000-$1,249 90 6.3
    Others 374 26.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1986 65.9
    Employed, worked full-time 487 16.2
    Employed, worked part-time 367 12.2
    Unemployed, looking for work 90 3.0
    Employed, away from work 85 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 125 13.3
    Technicians & trades workers 189 20.1
    Community & personal service workers 155 16.5
    Clerical & administrative workers 110 11.7
    Labourers 105 11.2
    Others 256 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 41 8.7
    Infants/Primary 190 40.3
    Secondary 166 35.2
    Technical or Further Educational Institution 45 9.5
    University or other Tertiary Institutions 22 4.7
    Others 8 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2880 88.0
    Flat, unit or apartment 155 4.7
    Semi-detached, row or terrace house, townhouse 153 4.7
    Caravan, cabin, houseboat 78 2.4
    House or flat attached to a shop, office 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 901 58.5
    Rented 341 22.1
    Being purchased 275 17.9
    Other tenure type 23 1.5
    Tenure Type
Census 2011, ABS
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