Suburb Profile Report for Long Jetty NSW (2261)

Long Jetty House: Median price $661,250, Annual capital growth 7.27%, Number of sales 94, Weekly median advertised rent $420

Long Jetty Unit: Median price $435,000, Annual capital growth 5.63%, Number of sales 56, Weekly median advertised rent $380

  • 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

Giving property investors a a poor capital gain of -10.70% for the last year, Long Jetty, 2261 is the 3452th highest performer in Australia in this respect.

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

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Long Jetty, 2261. Typically our figures indicate that -8.58% is being offered, which puts this NSW suburb at 661th most discounted overall in Australia.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 7.27%, investors should hope to achieve an overall return of 3.30%

If you compare the increase in value of investment property in Long Jetty, 2261 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 -2.25%.

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

Long Jetty, 2261 is offering NSW ‘s 197th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

At number 747 in a list of fastest selling suburbs, Long Jetty is just in the bottom half of suburbs in Australia with an average of days on market 83.96 for properties listed there.

Long Jetty, 2261’s gross rental yield is 4.54%

Metrics i HOUSE UNIT
$661,250 $435,000
-2.04% -3.55%
-10.70% -2.25%
7.27% 5.63%
$420 $380
94 56
3.30% 4.54%
81.609375 83.96

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 : Balanced (H), Above average (U)
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Demographics
Total population 5796
Median household income ($/weekly) 735
Median age of persons 42
Median housing loan repayment ($/monthly) 1740
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 702 12.1
    35-44 years 781 13.5
    45-54 years 710 12.2
    55-64 years 713 12.3
    65-74 years 637 11.0
    Others 2254 38.9
    Age Group
    Census Count Percent(%)
    Not Married 2260 52.2
    Registered Married 1663 38.4
    Defacto Relationship 410 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4757 87.6
    Japan 24 0.4
    Papua New Guinea 95 1.7
    United Kingdom 247 4.5
    Other 104 1.9
    Others 206 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 0.7
    Christianity 4394 81.7
    Islam 16 0.3
    Other Religious Groups 18 0.3
    No Religion 906 16.9
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 321 14.1
    $400-$599 387 17.0
    $600-$799 318 14.0
    $800-$999 225 9.9
    $1,000-$1,249 206 9.0
    Others 820 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2086 46.8
    Employed, worked full-time 1247 28.0
    Employed, worked part-time 744 16.7
    Unemployed, looking for work 242 5.4
    Employed, away from work 136 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 329 15.5
    Technicians & trades workers 361 17.0
    Community & personal service workers 290 13.6
    Clerical & administrative workers 277 13.0
    Labourers 259 12.2
    Others 611 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 125 11.1
    Infants/Primary 420 37.4
    Secondary 322 28.6
    Technical or Further Educational Institution 106 9.4
    University or other Tertiary Institutions 127 11.3
    Others 24 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3525 64.6
    Semi-detached, row or terrace house, townhouse 1165 21.4
    Flat, unit or apartment 724 13.3
    Caravan, cabin, houseboat 27 0.5
    House or flat attached to a shop, office 12 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1145 47.1
    Fully owned 747 30.8
    Being purchased 514 21.2
    Other tenure type 23 0.9
    Tenure Type
Census 2011, ABS
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