Suburb Profile Report for Grays Point NSW (2232)

Grays Point House: Median price $1,195,000, Annual capital growth 6.26%, Number of sales 30, Weekly median advertised rent $800

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

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

  • House Report

Grays Point has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -8.08% to date .

Grays Point,2232 has offered an average of -8.08% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Grays Point are currently offering property investors an average price cut of -6.49% below the asking price at the moment.

A $800 per week rent on the median house gives suburb investors a gross yield of circa 3.48%, without taking into account capital value appreciation, which has been averaging out at 6.26%.

Metrics i HOUSE UNIT
$1,195,000 N/A
1.70% N/A
-8.08% N/A
6.26% N/A
$800 N/A
30 N/A
3.48% N/A
59.3333333333333 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2795
Median household income ($/weekly) 2285
Median age of persons 41
Median housing loan repayment ($/monthly) 2487
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 403 14.4
    15-19 years 280 10.0
    35-44 years 349 12.5
    45-54 years 503 18.0
    55-64 years 373 13.4
    Others 886 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 1294 61.6
    Not Married 700 33.3
    Defacto Relationship 108 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2309 85.0
    Greece 25 0.9
    Papua New Guinea 25 0.9
    United Kingdom 182 6.7
    Other 46 1.7
    Others 130 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1991 75.8
    No Religion 610 23.2
    Buddhism 19 0.7
    Judaism 4 0.2
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 84 11.2
    $2,000-$2,499 72 9.6
    $2,500-$2,999 108 14.4
    $3,000-$3,499 87 11.6
    $4,000 or more 93 12.4
    Others 304 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 910 41.4
    Not in the labour force 595 27.1
    Employed, worked part-time 566 25.7
    Employed, away from work 79 3.6
    Unemployed, looking for work 49 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 246 15.8
    Professionals 426 27.4
    Technicians & trades workers 229 14.7
    Clerical & administrative workers 255 16.4
    Sales 137 8.8
    Others 262 16.8
    Occupation
    Census Count Percent(%)
    Pre-school 60 7.2
    Infants/Primary 256 30.9
    Secondary 289 34.9
    Technical or Further Educational Institution 60 7.2
    University or other Tertiary Institutions 147 17.8
    Others 16 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2641 98.8
    Semi-detached, row or terrace house, townhouse 30 1.1
    Flat, unit or apartment 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 420 49.2
    Fully owned 375 43.9
    Rented 59 6.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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