Suburb Profile Report for Loftus NSW (2232)

Loftus House: Median price $1,000,000, Annual capital growth 6.54%, Number of sales 35, Weekly median advertised rent $640

Loftus Unit: Median price $797,500, Annual capital growth 2.10%, Number of sales 10, Weekly median advertised rent $510

  • 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.

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  • House Report
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NSW has seen average median house prices change by 0.15% which means that Loftus, 2232 has done well for property investors by showing a capital gain of 0.50% over the last year

The five-year average increase in median property values for Loftus,2232 has given property investors a potential capital gain of 27.39% across each of those five years.

Loftus is 791th on a list of best yielding suburbs for rents in NSW with a 3.33% return

Using the current median advertised rental of $510 and the average annual increase in value of a median property of 2.10%, investors should hope to achieve an overall return of 3.33%

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Sutherland Shire suburb Loftus may not be a locale that appeals to those who want to be in the middle of things, being situated 26km from the Sydney CBD, but it’s an area with investment potential.

Most famous for being the home of the Sydney Tramway Museum, it’s positioned on the edge of the Royal National Park and offers impressive bush views for many properties. While it’s fairly sparse amenity-wise, with a few shops near the rail station and the museum, it is also home to a TAFE campus and a small campus of the University of Wollongong. There is a primary school in the suburb, as well as sporting facilities. Further amenities are available in Sutherland, a short drive or rail journey north.

The suburb is largely made up of freestanding houses, and access to both the CBD and Wollongong is provided by regular rail services. The Princes Highway also runs through the suburb. It’s a family suburb, although there is a reasonable rental population: around 22% of properties are rented. Rental yields are solid, and vacancy rates low.

The suburb is one of the most affordable in the Shire, but still attracts an affluent demographic: average weekly incomes are around $400pw more than the NSW average.

That relative affordability combined with the bushland feel of the suburb may be contributing to its robust population growth over the last few years – which is projected to continue at a rate of 2% a year for the next few years.

Metrics i HOUSE UNIT
$1,000,000 $797,500
1.78% N/A
0.50% N/A
6.54% 2.10%
$640 $510
35 10
3.33% 3.33%
47.8181818181818 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 : Excellent (H), Above average (U)
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Demographics
Total population 4016
Median household income ($/weekly) 1671
Median age of persons 39
Median housing loan repayment ($/monthly) 2492
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 627 15.6
    35-44 years 677 16.9
    45-54 years 509 12.7
    55-64 years 428 10.7
    65-74 years 371 9.2
    Others 1404 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 1751 60.0
    Not Married 1012 34.7
    Defacto Relationship 154 5.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3438 87.6
    Greece 25 0.6
    Papua New Guinea 45 1.1
    United Kingdom 176 4.5
    Other 63 1.6
    Others 176 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.6
    Christianity 3095 81.1
    Hinduism 7 0.2
    Islam 9 0.2
    No Religion 679 17.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 101 8.4
    $1,500-$1,999 156 12.9
    $2,000-$2,499 124 10.3
    $2,500-$2,999 159 13.2
    $3,000-$3,499 116 9.6
    Others 551 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1150 38.2
    Not in the labour force 957 31.8
    Employed, worked part-time 689 22.9
    Employed, away from work 140 4.6
    Unemployed, looking for work 76 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 252 12.7
    Professionals 474 24.0
    Technicians & trades workers 291 14.7
    Community & personal service workers 209 10.6
    Clerical & administrative workers 369 18.6
    Others 384 19.4
    Occupation
    Census Count Percent(%)
    Pre-school 110 9.9
    Infants/Primary 438 39.6
    Secondary 291 26.3
    Technical or Further Educational Institution 87 7.9
    University or other Tertiary Institutions 157 14.2
    Others 24 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3592 92.8
    Semi-detached, row or terrace house, townhouse 271 7.0
    Flat, unit or apartment 9 0.2
    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 610 45.8
    Fully owned 602 45.2
    Rented 118 8.9
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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