Suburb Profile Report for Revesby Heights NSW (2212)

Revesby Heights House: Median price $1,240,000, Annual capital growth 0.00%, Number of sales 38, Weekly median advertised rent $380

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

If you compare the increase in value of investment property in Revesby Heights, 2212 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.00%.

Revesby Heights,2212 was ranked 3583 in Australia by increase in median property value over the quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -2.11% offered to property buyers. Sellers in Revesby Heights itself are offering an average vendor discount of 0.00% to real estate investors.

At number 2727 in a list of fastest selling suburbs, Revesby Heights is just in the bottom half of suburbs in Australia with an average of days on market 44.3636 for properties listed there.

Renters in Suburb are facing rents around $19760 per annum or $380 every week.

Metrics	HOUSE	UNIT
Median price	$1,240,000	N/A
Quarterly growth	0.97%	N/A
12-month growth	0.00%	N/A
Average Annual Growth	0.00%	N/A
Weekly median advertised rent	$380	N/A
Number of sales	38	N/A
Gross rental yield	5.45%	N/A
Days on market	44.3636363636364	N/A

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

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Demographics

Total population	1367
Median household income ($/weekly)	1672
Median age of persons	36
Median housing loan repayment ($/monthly)	2292
Average household size	2.9

Census	Count	Percent(%)
5-14 years	191	14.0
25-34 years	153	11.2
35-44 years	202	14.8
45-54 years	201	14.7
55-64 years	156	11.4
Others	465	34.0

Age Group

Census	Count	Percent(%)
Registered Married	586	58.4
Not Married	372	37.1
Defacto Relationship	46	4.6

Social Marital Status

Census	Count	Percent(%)
Australia	1096	82.7
Croatia	14	1.1
Malaysia	18	1.4
United Kingdom	36	2.7
Other	30	2.3
Others	131	9.9

Country of Birth

Census	Count	Percent(%)
Buddhism	31	2.4
Christianity	1052	81.4
Hinduism	19	1.5
Islam	12	0.9
No Religion	172	13.3
Others	6	0.5

Religious Affiliation

Census	Count	Percent(%)
$400-$599	50	12.0
$600-$799	34	8.2
$1,500-$1,999	58	13.9
$2,000-$2,499	64	15.4
$2,500-$2,999	42	10.1
Others	168	40.4

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	440	42.8
Not in the labour force	303	29.5
Employed, worked part-time	210	20.4
Employed, away from work	52	5.1
Unemployed, looking for work	22	2.1

Person Characteristics

Census	Count	Percent(%)
Managers	83	11.8
Professionals	149	21.3
Technicians & trades workers	107	15.3
Community & personal service workers	79	11.3
Clerical & administrative workers	135	19.3
Others	148	21.1

Occupation

Census	Count	Percent(%)
Pre-school	38	11.2
Infants/Primary	121	35.6
Secondary	94	27.6
Technical or Further Educational Institution	25	7.4
University or other Tertiary Institutions	53	15.6
Others	9	2.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1164	88.0
Semi-detached, row or terrace house, townhouse	148	11.2
Flat, unit or apartment	6	0.5
House or flat attached to a shop, office	4	0.3
Caravan, cabin, houseboat	0	0.0
Others	0	0.0