Suburb Profile Report for Picton NSW (2571)

Picton House: Median price $710,000, Annual capital growth 6.38%, Number of sales 92, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report

At number 932th in the list of Australian suburbs ordered by increase in median house value over the last year, Picton, 2571 is in the top 30% with a property value increase of 10.94% recorded in median house prices.

Across a shorter period, Picton, 2571 has seen a median price increase of 6.85% over the last quarter.

Sellers are offering property buyers an average discount of -4.69% to buyers in Picton at the moment, which is less than average for the rest of NSW.

With the median price for a house in Picton being $710000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 3.22%

HOUSE UNIT
$710,000 N/A
6.85% N/A
10.94% N/A
6.38% N/A
$440 N/A
92 N/A
3.22% N/A
65.34 N/A

Source: CoreLogic

DSR Score for property investment : Good (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