Suburb Profile Report for Cronulla NSW (2230)

Cronulla House: Median price $1,925,000, Annual capital growth 6.30%, Number of sales 75, Weekly median advertised rent $1,050

Cronulla Unit: Median price $800,000, Annual capital growth 7.27%, Number of sales 329, 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

Cronulla is in the bottom 20% in NSW when comparing median price capital growth over the last year. Cronulla gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.50%.

Comparing Cronulla,2230 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Cronulla 2230 should be seeing an average reduction in asking price of around -8.99% . This means that Cronulla is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.

Situated 21.44km from the CBD, Cronulla is one of Sutherland Shire (A) localities in the postcode 2230.

At number 1086th in the list of Australian suburbs ordered by increase in median house value over the last year, Cronulla, 2230 is in the BOTTOM 30% with a property value increase of -7.51% recorded in median house prices.

A 32.56% growth in median value for property investors in Cronulla,2230 puts this suburb at number 411th in terms of best performing suburbs in NSW

Cronulla, 2230 is offering NSW ‘s 132th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

In the last year 329 properties changed hands in Cronulla, which puts it as the 5th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,925,000 $800,000
-8.33% -4.59%
-12.50% -7.51%
6.30% 7.27%
$1,050 $500
75 329
2.84% 3.25%
91.09375 76.2626728110599

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), Balanced (U)
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Demographics
Total population 17041
Median household income ($/weekly) 1455
Median age of persons 37
Median housing loan repayment ($/monthly) 2275
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 1384 8.1
    25-34 years 3665 21.5
    35-44 years 2309 13.5
    45-54 years 2217 13.0
    55-64 years 2058 12.1
    Others 5409 31.7
    Age Group
    Census Count Percent(%)
    Not Married 6347 47.1
    Registered Married 5282 39.2
    Defacto Relationship 1849 13.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 13252 82.3
    Papua New Guinea 367 2.3
    South Africa 123 0.8
    United Kingdom 767 4.8
    Other 541 3.4
    Others 1053 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 187 1.2
    Christianity 11996 76.6
    Islam 60 0.4
    Other Religious Groups 48 0.3
    No Religion 3322 21.2
    Others 55 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 608 8.7
    $1,250-$1,499 648 9.2
    $1,500-$1,999 974 13.9
    $2,000-$2,499 651 9.3
    $2,500-$2,999 784 11.2
    Others 3360 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6891 48.8
    Not in the labour force 3714 26.3
    Employed, worked part-time 2563 18.2
    Employed, away from work 588 4.2
    Unemployed, looking for work 361 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1523 15.2
    Professionals 2375 23.7
    Technicians & trades workers 1385 13.8
    Community & personal service workers 1179 11.7
    Clerical & administrative workers 1624 16.2
    Others 1954 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 231 7.7
    Infants/Primary 797 26.7
    Secondary 664 22.2
    Technical or Further Educational Institution 457 15.3
    University or other Tertiary Institutions 694 23.2
    Others 146 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 9828 62.1
    Separate house 4984 31.5
    Semi-detached, row or terrace house, townhouse 985 6.2
    House or flat attached to a shop, office 30 0.2
    Improvised home, tent, sleepers out 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3186 42.2
    Fully owned 2293 30.4
    Being purchased 2049 27.1
    Other tenure type 27 0.4
    Tenure Type
Census 2011, ABS
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