Suburb Profile Report for Pitt Town NSW (2756)

Pitt Town House: Median price $1,070,000, Annual capital growth 9.24%, Number of sales 48, Weekly median advertised rent $620

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

Source: CoreLogic

  • House Report

Pitt Town is an average performer in NSW when comparing median price capital growth over the last year. Pitt Town gave property investors a good capital gain figure when compared to the rest of the state, with 9.18%.

If we look at median property appreciation over just the last three months, Pitt Town has given property investors a paper return of 0.00%. This puts Suburb as 823 on a list of fastest fasting appreciating suburbs in NSW

Pitt Town, 2756 is offering NSW ‘s 204th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.

A $620 per week rent on the median house gives suburb investors a gross yield of circa 3.01%, without taking into account capital value appreciation, which has been averaging out at 9.24%.

HOUSE UNIT
$1,070,000 N/A
0.00% N/A
9.18% N/A
9.24% N/A
$620 N/A
48 N/A
3.01% N/A
83.25 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 1961
Median household income ($/weekly) 1727
Median age of persons 37
Median housing loan repayment ($/monthly) 2500
Average household size 3
  • Census Count Percent(%)
    5-14 years 326 16.6
    25-34 years 236 12.0
    35-44 years 281 14.3
    45-54 years 323 16.5
    55-64 years 224 11.4
    Others 573 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 873 60.2
    Not Married 479 33.0
    Defacto Relationship 99 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1715 89.3
    Croatia 13 0.7
    Netherlands 23 1.2
    United Kingdom 96 5.0
    Other 14 0.7
    Others 59 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1566 83.2
    No Religion 307 16.3
    Buddhism 5 0.3
    Other Religious Groups 4 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 47 8.2
    $1,250-$1,499 51 8.9
    $1,500-$1,999 83 14.6
    $2,000-$2,499 77 13.5
    $2,500-$2,999 68 11.9
    Others 244 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 711 48.2
    Not in the labour force 365 24.8
    Employed, worked part-time 311 21.1
    Employed, away from work 59 4.0
    Unemployed, looking for work 28 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 165 15.3
    Professionals 142 13.1
    Technicians & trades workers 230 21.3
    Community & personal service workers 89 8.2
    Clerical & administrative workers 177 16.4
    Others 278 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 45 8.6
    Infants/Primary 214 40.8
    Secondary 150 28.6
    Technical or Further Educational Institution 50 9.5
    University or other Tertiary Institutions 54 10.3
    Others 11 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1884 97.2
    Semi-detached, row or terrace house, townhouse 28 1.4
    Caravan, cabin, houseboat 27 1.4
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 308 48.7
    Fully owned 231 36.6
    Rented 90 14.2
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals