Suburb Profile Report for Eden NSW (2551)

Eden House: Median price $357,500, Annual capital growth 1.21%, Number of sales 60, Weekly median advertised rent $360

Eden Unit: Median price $215,000, Annual capital growth 4.73%, Number of sales 12, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report
  • Unit Report

Eden has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.53% to date .

Across a shorter period, Eden, 2551 has seen a median price increase of 5.15% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Eden, 2551. Typically our figures indicate that -5.95% is being offered, which puts this NSW suburb at 1860th most discounted overall in Australia.

Situated 373.25km from the CBD, Eden is one of Bega Valley localities in the postcode 2551.

At number 480th in the list of Australian suburbs ordered by increase in median house value over the last year, Eden, 2551 is in the top 30% with a property value increase of 8.31% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Eden,2551 has racked up an average of 8.31% over the period. This ranks it number 1252th in the whole country for real estate investors looking at median house price increases.

A $215 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 4.73%.

Metrics i HOUSE UNIT
$357,500 $215,000
5.15% 6.97%
4.53% 8.31%
1.21% 4.73%
$360 $215
60 12
5.24% 5.20%
127.52 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 3043
Median household income ($/weekly) 784
Median age of persons 46
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 377 12.4
    35-44 years 324 10.6
    45-54 years 430 14.1
    55-64 years 477 15.7
    65-74 years 370 12.2
    Others 1066 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 1000 45.6
    Not Married 947 43.2
    Defacto Relationship 246 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2587 88.8
    Greece 25 0.9
    Papua New Guinea 36 1.2
    United Kingdom 115 3.9
    Other 32 1.1
    Others 117 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.4
    Christianity 2066 74.7
    Hinduism 4 0.1
    Other Religious Groups 6 0.2
    No Religion 674 24.4
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 139 12.8
    $400-$599 178 16.5
    $600-$799 156 14.4
    $800-$999 118 10.9
    $1,000-$1,249 112 10.4
    Others 379 35.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1124 46.8
    Employed, worked full-time 626 26.1
    Employed, worked part-time 450 18.7
    Unemployed, looking for work 103 4.3
    Employed, away from work 100 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 180 15.4
    Community & personal service workers 145 12.4
    Sales 128 10.9
    Machinery operators & drivers 130 11.1
    Labourers 217 18.5
    Others 372 31.7
    Occupation
    Census Count Percent(%)
    Pre-school 52 9.1
    Infants/Primary 219 38.4
    Secondary 210 36.8
    Technical or Further Educational Institution 50 8.8
    University or other Tertiary Institutions 26 4.6
    Others 13 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2383 86.1
    Flat, unit or apartment 192 6.9
    Semi-detached, row or terrace house, townhouse 117 4.2
    Caravan, cabin, houseboat 57 2.1
    House or flat attached to a shop, office 18 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 461 38.7
    Rented 446 37.5
    Being purchased 280 23.5
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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