Suburb Profile Report for Ramsgate Beach NSW (2217)

Ramsgate Beach Unit: Median price $785,000, Annual capital growth 11.55%, Number of sales 24, Weekly median advertised rent $500

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Unit Report

Ramsgate Beach is an average performer in NSW when comparing median price capital growth over the last year. Ramsgate Beach gave property investors a average capital gain figure when compared to the rest of the state, with -6.32%.

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

Property investors looking for a bargain in Ramsgate Beach should be aiming for at least -6.21% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Ramsgate Beach have been waiting around 90.9 days to sell a property.

Situated 13.95km from the CBD, Ramsgate Beach is one of Rockdale (C) localities in the postcode 2217.

Metrics i HOUSE UNIT
N/A $785,000
N/A 1.95%
N/A -6.32%
N/A 11.55%
N/A $500
N/A 24
N/A 3.31%
N/A 90.9

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1462
Median household income ($/weekly) 1026
Median age of persons 45
Median housing loan repayment ($/monthly) 1900
Average household size 2
  • Census Count Percent(%)
    25-34 years 221 15.1
    35-44 years 204 14.0
    45-54 years 174 11.9
    55-64 years 193 13.2
    65-74 years 147 10.1
    Others 523 35.8
    Age Group
    Census Count Percent(%)
    Not Married 577 49.6
    Registered Married 502 43.2
    Defacto Relationship 84 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 895 65.2
    Fiji 39 2.8
    Hong Kong 52 3.8
    United Kingdom 41 3.0
    Other 116 8.5
    Others 229 16.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.6
    Christianity 1096 81.7
    Hinduism 23 1.7
    Islam 38 2.8
    No Religion 145 10.8
    Others 18 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 70 11.0
    $400-$599 86 13.5
    $600-$799 70 11.0
    $1,000-$1,249 59 9.2
    $1,500-$1,999 73 11.4
    Others 281 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 489 41.3
    Employed, worked full-time 446 37.7
    Employed, worked part-time 163 13.8
    Employed, away from work 48 4.1
    Unemployed, looking for work 37 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 71 10.8
    Professionals 148 22.5
    Technicians & trades workers 92 14.0
    Community & personal service workers 63 9.6
    Clerical & administrative workers 128 19.4
    Others 157 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 19 8.2
    Infants/Primary 72 31.2
    Secondary 56 24.2
    Technical or Further Educational Institution 31 13.4
    University or other Tertiary Institutions 45 19.5
    Others 8 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 652 47.5
    Separate house 607 44.2
    Semi-detached, row or terrace house, townhouse 114 8.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 296 44.8
    Rented 225 34.0
    Being purchased 140 21.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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