Suburb Profile Report for Revesby NSW (2212)

Revesby House: Median price $950,000, Annual capital growth 6.96%, Number of sales 156, Weekly median advertised rent $600

Revesby Unit: Median price $720,000, Annual capital growth 7.02%, Number of sales 50, Weekly median advertised rent $490

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Revesby has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.52% to date .

If we look at median property appreciation over just the last three months, Revesby has given property investors a paper return of 3.26%. This puts Suburb as 372 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -4.63% to buyers in Revesby at the moment, which is less than average for the rest of NSW.

In the last year 156 properties changed hands in Revesby, which puts it as the 96th most active market in NSW when comparing the number of sales per suburb.

Revesby, 2212’s gross rental yield is 3.28%

Investment property in Revesby has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.86%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Revesby has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Revesby are currently offering property investors an average price cut of -5.82% below the asking price at the moment.

In the last year 50 properties changed hands in Revesby, which puts it as the 240th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$950,000 $720,000
3.26% 2.31%
-0.52% 2.86%
6.96% 7.02%
$600 $490
156 50
3.28% 3.54%
47.3898305084746 61.9

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 12934
Median household income ($/weekly) 1222
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1565 12.1
    25-34 years 1751 13.5
    35-44 years 1790 13.8
    45-54 years 1788 13.8
    55-64 years 1390 10.7
    Others 4651 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 4773 49.8
    Not Married 4313 45.0
    Defacto Relationship 491 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7966 65.3
    Croatia 487 4.0
    Malaysia 418 3.4
    Viet Nam 542 4.4
    Other 561 4.6
    Others 2229 18.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 701 5.8
    Christianity 8556 71.2
    Hinduism 195 1.6
    Islam 799 6.6
    No Religion 1574 13.1
    Others 191 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 384 9.9
    $600-$799 340 8.7
    $1,000-$1,249 339 8.7
    $1,500-$1,999 504 13.0
    $2,000-$2,499 384 9.9
    Others 1938 49.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3832 39.1
    Employed, worked full-time 3737 38.1
    Employed, worked part-time 1526 15.6
    Unemployed, looking for work 378 3.9
    Employed, away from work 340 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 577 10.3
    Professionals 1016 18.1
    Technicians & trades workers 883 15.8
    Clerical & administrative workers 1121 20.0
    Sales 522 9.3
    Others 1484 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 240 7.9
    Infants/Primary 977 32.2
    Secondary 846 27.8
    Technical or Further Educational Institution 337 11.1
    University or other Tertiary Institutions 530 17.4
    Others 108 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8817 73.0
    Semi-detached, row or terrace house, townhouse 2697 22.3
    Flat, unit or apartment 500 4.1
    House or flat attached to a shop, office 61 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1489 35.1
    Being purchased 1456 34.3
    Rented 1277 30.1
    Other tenure type 26 0.6
    Tenure Type
Census 2011, ABS
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