Suburb Profile Report for Miranda NSW (2228)

Miranda House: Median price $1,361,000, Annual capital growth 7.36%, Number of sales 166, Weekly median advertised rent $720

Miranda Unit: Median price $740,000, Annual capital growth 5.51%, Number of sales 316, Weekly median advertised rent $495

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

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

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Miranda, 2228 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.74%.

Comparing Miranda,2228 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 628th of NSW’s most discounted properties, Miranda is in the TOP 20% of the state/territory when listing in order of most discounted to least.

In the last year 166 properties changed hands in Miranda, which puts it as the 133th most active market in NSW when comparing the number of sales per suburb.

Situated 20.89km from the CBD, Miranda is one of Sutherland Shire (A) localities in the postcode 2228.

Giving property investors a an average capital gain of 5.80% for the last year, Miranda, 2228 is the 798th highest performer in Australia in this respect.

A 9.63% growth in median value for property investors in Miranda,2228 puts this suburb at number 252th in terms of best performing suburbs in NSW

Vendor discounting in Miranda is giving property investors an average Vendor Discount of around -4.16%. This puts suburb at number 178th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Miranda the average time real estate has been on the market is 48.7636 days.

Renters in Suburb are facing rents around $25740 per annum or $495 every week.

Metrics i HOUSE UNIT
$1,361,000 $740,000
5.02% 2.07%
10.74% 5.80%
7.36% 5.51%
$720 $495
166 316
2.75% 3.48%
60.4186046511628 48.7636363636364

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

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 14435
Median household income ($/weekly) 1294
Median age of persons 38
Median housing loan repayment ($/monthly) 2275
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1536 10.6
    25-34 years 2213 15.3
    35-44 years 2135 14.8
    45-54 years 1785 12.4
    55-64 years 1398 9.7
    Others 5368 37.2
    Age Group
    Census Count Percent(%)
    Registered Married 5274 48.8
    Not Married 4667 43.2
    Defacto Relationship 859 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 10156 74.6
    Croatia 242 1.8
    Papua New Guinea 368 2.7
    United Kingdom 637 4.7
    Other 591 4.3
    Others 1624 11.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 214 1.6
    Christianity 10343 78.3
    Hinduism 168 1.3
    Islam 231 1.7
    No Religion 2146 16.3
    Others 101 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 490 9.7
    $1,000-$1,249 443 8.8
    $1,500-$1,999 708 14.0
    $2,000-$2,499 485 9.6
    $2,500-$2,999 440 8.7
    Others 2492 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4581 41.1
    Not in the labour force 3883 34.8
    Employed, worked part-time 1967 17.7
    Employed, away from work 406 3.6
    Unemployed, looking for work 306 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 812 11.7
    Professionals 1446 20.8
    Technicians & trades workers 986 14.2
    Community & personal service workers 762 11.0
    Clerical & administrative workers 1217 17.5
    Others 1730 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 274 9.3
    Infants/Primary 987 33.6
    Secondary 729 24.8
    Technical or Further Educational Institution 352 12.0
    University or other Tertiary Institutions 510 17.4
    Others 87 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7747 57.8
    Flat, unit or apartment 3709 27.7
    Semi-detached, row or terrace house, townhouse 1785 13.3
    Caravan, cabin, houseboat 91 0.7
    House or flat attached to a shop, office 64 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1803 33.1
    Fully owned 1802 33.1
    Being purchased 1777 32.6
    Other tenure type 62 1.1
    Tenure Type
Census 2011, ABS
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