Suburb Profile Report for Picton NSW (2571)

Picton House: Median price $745,000, Annual capital growth 6.82%, Number of sales 95, Weekly median advertised rent $470

Picton Unit: Median price $361,000, Annual capital growth 9.44%, Number of sales 11, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Picton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.54%

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

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 Picton, 2571. Typically our figures indicate that -5.64% is being offered, which puts this NSW suburb at 1948th most discounted overall in Australia.

The NSW suburb of Picton, 2571 is in the Wollondilly local government area.

Over the last year, property investments in Picton, 2571 have given investors a capital gain of 20.74%. This compares very favourably with the 6.96% for NSW as a whole.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.47%, without taking into account capital value appreciation, which has been averaging out at 9.44%.

Metrics i HOUSE UNIT
$745,000 $361,000
3.83% N/A
12.54% 20.74%
6.82% 9.44%
$470 $380
95 11
3.28% 5.47%
72.55 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4594
Median household income ($/weekly) 1488
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 706 15.4
    25-34 years 426 9.3
    35-44 years 721 15.7
    45-54 years 693 15.1
    55-64 years 530 11.5
    Others 1519 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 1799 55.2
    Not Married 1205 37.0
    Defacto Relationship 256 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3847 87.3
    Papua New Guinea 43 1.0
    South Africa 26 0.6
    United Kingdom 296 6.7
    Other 68 1.5
    Others 128 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.7
    Christianity 3464 80.5
    Islam 21 0.5
    Other Religious Groups 14 0.3
    No Religion 767 17.8
    Others 8 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 116 8.5
    $1,250-$1,499 114 8.3
    $1,500-$1,999 202 14.7
    $2,000-$2,499 140 10.2
    $2,500-$2,999 135 9.8
    Others 665 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1438 42.5
    Not in the labour force 1023 30.3
    Employed, worked part-time 673 19.9
    Employed, away from work 162 4.8
    Unemployed, looking for work 85 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 295 13.0
    Professionals 415 18.3
    Technicians & trades workers 372 16.4
    Community & personal service workers 243 10.7
    Clerical & administrative workers 369 16.3
    Others 575 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 114 9.4
    Infants/Primary 470 38.7
    Secondary 358 29.5
    Technical or Further Educational Institution 121 10.0
    University or other Tertiary Institutions 124 10.2
    Others 26 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4105 94.4
    Semi-detached, row or terrace house, townhouse 134 3.1
    Flat, unit or apartment 89 2.0
    House or flat attached to a shop, office 19 0.4
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 734 48.8
    Fully owned 444 29.5
    Rented 319 21.2
    Other tenure type 7 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals