Suburb Profile Report for Copacabana NSW (2251)

Copacabana House: Median price $928,500, Annual capital growth 5.88%, Number of sales 58, Weekly median advertised rent $600

  • 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

If you compare the increase in value of investment property in Copacabana, 2251 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 -0.16%.

Over the longer term, Copacabana has seen property prices show investors a 26.33% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Copacabana should be aiming for at least -7.88% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $600 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$928,500 N/A
2.71% N/A
-0.16% N/A
5.88% N/A
$600 N/A
58 N/A
3.36% N/A
79.8695652173913 N/A

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), Below average (U)
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Demographics
Total population 2690
Median household income ($/weekly) 1488
Median age of persons 39
Median housing loan repayment ($/monthly) 1924
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 440 16.4
    25-34 years 233 8.7
    35-44 years 419 15.6
    45-54 years 469 17.4
    55-64 years 340 12.6
    Others 789 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 958 51.9
    Not Married 716 38.8
    Defacto Relationship 171 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2173 85.4
    Greece 20 0.8
    Papua New Guinea 41 1.6
    United Kingdom 163 6.4
    Other 58 2.3
    Others 89 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 1.3
    Christianity 1720 70.2
    Hinduism 6 0.2
    Judaism 17 0.7
    No Religion 667 27.2
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 77 9.7
    $1,000-$1,249 71 8.9
    $1,500-$1,999 116 14.6
    $2,000-$2,499 94 11.8
    $2,500-$2,999 89 11.2
    Others 350 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 751 38.3
    Not in the labour force 574 29.3
    Employed, worked part-time 475 24.2
    Employed, away from work 85 4.3
    Unemployed, looking for work 76 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 173 13.2
    Professionals 376 28.6
    Technicians & trades workers 201 15.3
    Community & personal service workers 167 12.7
    Clerical & administrative workers 134 10.2
    Others 263 20.0
    Occupation
    Census Count Percent(%)
    Pre-school 63 8.0
    Infants/Primary 283 35.9
    Secondary 231 29.3
    Technical or Further Educational Institution 63 8.0
    University or other Tertiary Institutions 128 16.2
    Others 21 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2391 96.9
    Semi-detached, row or terrace house, townhouse 40 1.6
    Flat, unit or apartment 29 1.2
    House or flat attached to a shop, office 8 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 380 42.4
    Fully owned 274 30.5
    Rented 240 26.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table