Suburb Profile Report for Sussex Inlet NSW (2540)

Sussex Inlet House: Median price $420,000, Annual capital growth 2.95%, Number of sales 121, Weekly median advertised rent $875

Sussex Inlet Unit: Median price $265,000, Annual capital growth 12.17%, Number of sales 11, Weekly median advertised rent $115

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Sussex Inlet, 2540 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.83%

If we look at median property appreciation over just the last three months, Sussex Inlet has given property investors a paper return of 2.44%. This puts Suburb as 627 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Sussex Inlet should be aiming for at least -4.45% off the asking price, which is the average vendor discount being achieved at the moment.

Sussex Inlet is 6th on a list of best yielding suburbs for rents in NSW with a 10.83% return

Investment property in Sussex Inlet 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 12.17%

Using the current median advertised rental of $115 and the average annual increase in value of a median property of 12.17%, investors should hope to achieve an overall return of 2.26%

Metrics i HOUSE UNIT
$420,000 $265,000
2.44% 3.92%
13.83% 12.17%
2.95% 12.17%
$875 $115
121 11
10.83% 2.26%
101.44 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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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Recent sales & rentals