Suburb Profile Report for Miranda NSW (2228)

Miranda House: Median price $1,100,000, Annual capital growth 7.34%, Number of sales 127, Weekly median advertised rent $700

Miranda Unit: Median price $664,500, Annual capital growth 6.01%, Number of sales 161, 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.

  • House Report
  • Unit Report

Miranda has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -15.38% to date .

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

Vendor discounting in Miranda is giving property investors an average Vendor Discount of around -10.36%. This puts suburb at number 56th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 10.58 sales per month, which equates to 127 per year.

Renters in Suburb are facing rents around $36400 per annum or $700 every week.

Miranda, 2228 ranked 258th in NSW when comparing growth in median property values or capital gain over the last 12 months. Miranda is one of 3163 in our list for NSW

Taking the average capital gain, or increase in median house value, Miranda,2228 has racked up an average of -5.07% over the period. This ranks it number 959th in the whole country for real estate investors looking at median house price increases.

Miranda, 2228 is offering NSW ‘s 81th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

Situated 20.90km from the CBD, Miranda is one of Sutherland Shire (A) localities in the postcode 2228.

Metrics i HOUSE UNIT
$1,100,000 $664,500
-2.65% -2.28%
-15.38% -5.07%
7.34% 6.01%
$700 $500
127 161
3.31% 3.91%
81.9420289855073 83.8191489361702

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 : Above average (H), Above average (U)
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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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