Suburb Profile Report for Ettalong Beach NSW (2257)

Ettalong Beach House: Median price $740,000, Annual capital growth 8.39%, Number of sales 51, Weekly median advertised rent $400

Ettalong Beach Unit: Median price $550,000, Annual capital growth 6.01%, Number of sales 93, Weekly median advertised rent $410

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

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

  • House Report
  • Unit Report

Over the last year, property investments in Ettalong Beach, 2257 have given investors a capital gain of -1.33%. This compares averagely with the 1.14% for NSW as a whole.

Across a shorter period, Ettalong Beach, 2257 has seen a median price increase of 0.75% over the last quarter.

Property investors looking for a bargain in Ettalong Beach should be aiming for at least -3.08% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.

With a capital gain of -16.03% for the last 12 months, Ettalong Beach, 2257 has performed for property investments than its average annual 6.01% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ettalong Beach has increased when compared to the 5 year average annual rate.

At number 101th of NSW’s most discounted properties, Ettalong Beach is in the bottom 40% of the state/territory when listing in order of most discounted to least.

At number 1163 in a list of fastest selling suburbs, Ettalong Beach is in the bottom 20% of suburbs in Australia with an average of days on market 105.206 for properties listed there.

Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.01%, investors should hope to achieve an overall return of 3.88%

Metrics i HOUSE UNIT
$740,000 $550,000
0.75% -0.45%
-1.33% -16.03%
8.39% 6.01%
$400 $410
51 93
2.81% 3.88%
57.2571428571429 105.206349206349

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. 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 4627
Median household income ($/weekly) 721
Median age of persons 49
Median housing loan repayment ($/monthly) 1600
Average household size 2
  • Census Count Percent(%)
    35-44 years 504 10.9
    45-54 years 566 12.2
    55-64 years 659 14.2
    65-74 years 614 13.3
    75-84 years 506 10.9
    Others 1779 38.4
    Age Group
    Census Count Percent(%)
    Not Married 1855 52.9
    Registered Married 1289 36.7
    Defacto Relationship 365 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3615 84.7
    Greece 22 0.5
    Papua New Guinea 114 2.7
    United Kingdom 254 6.0
    Other 70 1.6
    Others 191 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 66 1.6
    Christianity 3246 78.4
    Judaism 14 0.3
    Other Religious Groups 14 0.3
    No Religion 784 18.9
    Others 15 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 233 12.2
    $400-$599 372 19.5
    $600-$799 308 16.2
    $800-$999 197 10.3
    $1,000-$1,249 182 9.5
    Others 614 32.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1919 53.2
    Employed, worked full-time 906 25.1
    Employed, worked part-time 484 13.4
    Unemployed, looking for work 180 5.0
    Employed, away from work 121 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 190 12.6
    Technicians & trades workers 239 15.8
    Community & personal service workers 183 12.1
    Clerical & administrative workers 248 16.4
    Labourers 193 12.8
    Others 456 30.2
    Occupation
    Census Count Percent(%)
    Pre-school 83 10.8
    Infants/Primary 273 35.5
    Secondary 209 27.2
    Technical or Further Educational Institution 93 12.1
    University or other Tertiary Institutions 87 11.3
    Others 24 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2651 61.9
    Semi-detached, row or terrace house, townhouse 1246 29.1
    Flat, unit or apartment 354 8.3
    Caravan, cabin, houseboat 16 0.4
    House or flat attached to a shop, office 14 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 862 42.5
    Rented 820 40.4
    Being purchased 333 16.4
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
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