Suburb Profile Report for Picton NSW (2571)

Picton House: Median price $730,000, Annual capital growth 6.19%, Number of sales 101, Weekly median advertised rent $470

Picton Unit: Median price $380,000, Annual capital growth 5.62%, Number of sales 15, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 8.15% for the last 12 months, Picton, 2571 has performed for property investments than its average annual 6.19% property growth over the last 5 years.

While Picton,2571 ranked number 1070th in NSW for increase in median house value (annualised) increase, it is ranked 572th over the last 5 years.

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 -5.15% is being offered, which puts this NSW suburb at 2137th most discounted overall in Australia.

In the last year 101 properties changed hands in Picton, which puts it as the 291th most active market in NSW when comparing the number of sales per suburb.

Situated 60.66km from the CBD, Picton is one of Wollondilly localities in the postcode 2571.

If you compare the increase in value of investment property in Picton, 2571 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 27.09%.

Our latest figures would indicate that property sellers in Picton are currently offering property investors an average price cut of -2.78% below the asking price at the moment.

In the last year 15 properties changed hands in Picton, which puts it as the 514th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 5.62%, investors should hope to achieve an overall return of 5.06%

Metrics i HOUSE UNIT
$730,000 $380,000
0.00% N/A
8.15% 27.09%
6.19% 5.62%
$470 $370
101 15
3.35% 5.06%
68.72 40.07

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (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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