Suburb Profile Report for Picton NSW (2571)

Picton House: Median price $760,000, Annual capital growth 6.86%, Number of sales 96, Weekly median advertised rent $470

Picton Unit: Median price $427,500, Annual capital growth N/A, Number of sales 19, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 14.37% for the last year, Picton, 2571 is the 987th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Picton has given property investors a paper return of 1.74%. This puts Suburb as 708 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Picton are currently offering property investors an average price cut of -5.05% below the asking price at the moment.

At number 1408 in a list of fastest selling suburbs, Picton is in the TOP 40% of suburbs in Australia with an average of days on market 63.28 for properties listed there.

With the median price for a house in Picton being $760000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.22%

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.

At number 251th of NSW’s most discounted properties, Picton is in the middle of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.

Picton is 145th on a list of best yielding suburbs for rents in NSW with a 4.56% return

Metrics i HOUSE UNIT
$760,000 $427,500
1.74% 14.77%
14.37% N/A
6.86% N/A
$470 $375
96 19
3.22% 4.56%
63.28 52.12

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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