Suburb Profile Report for The Entrance North NSW (2261)

The Entrance North House: Median price $650,000, Annual capital growth 6.17%, Number of sales 15, Weekly median advertised rent $450

The Entrance North Unit: Median price $510,000, Annual capital growth 7.52%, Number of sales 19, Weekly median advertised rent $360

  • 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

With a capital gain of -18.55% for the last 12 months, The Entrance North, 2261 has performed for property investments than its average annual 6.17% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, The Entrance North comes in at number 788th in NSW.

With the median price for a house in The Entrance North being $650000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.60%

Investment property in The Entrance North has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.37%

Comparing The Entrance North,2261 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in The Entrance North 2261 should be seeing an average reduction in asking price of around -7.01% . This means that The Entrance North is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in The Entrance North the average time real estate has been on the market is 126.176 days.

Advertised rents are around the $360 mark per week – giving a return of 3.67% based on the median price in Suburb

Metrics i HOUSE UNIT
$650,000 $510,000
-13.56% 4.08%
-18.55% 7.37%
6.17% 7.52%
$450 $360
15 19
3.60% 3.67%
N/A 126.176470588235

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), Good (U)
Find a mortgage broker in The Entrance North NSW
Demographics
Total population 1392
Median household income ($/weekly) 893
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 180 12.9
    25-34 years 191 13.7
    35-44 years 177 12.7
    45-54 years 173 12.4
    55-64 years 182 13.1
    Others 489 35.1
    Age Group
    Census Count Percent(%)
    Not Married 494 49.1
    Registered Married 363 36.1
    Defacto Relationship 149 14.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1157 89.2
    Papua New Guinea 22 1.7
    Philippines 7 0.5
    United Kingdom 37 2.9
    Other 19 1.5
    Others 55 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 1.0
    Christianity 939 74.6
    Islam 19 1.5
    Australian Aboriginal Traditional Religions 3 0.2
    No Religion 282 22.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 66 13.3
    $600-$799 73 14.7
    $800-$999 62 12.5
    $1,000-$1,249 47 9.5
    $1,500-$1,999 46 9.3
    Others 201 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 398 38.1
    Employed, worked full-time 350 33.5
    Employed, worked part-time 190 18.2
    Unemployed, looking for work 71 6.8
    Employed, away from work 36 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 72 12.5
    Professionals 90 15.6
    Technicians & trades workers 84 14.6
    Clerical & administrative workers 82 14.2
    Labourers 83 14.4
    Others 166 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 26 8.4
    Infants/Primary 106 34.4
    Secondary 77 25.0
    Technical or Further Educational Institution 50 16.2
    University or other Tertiary Institutions 42 13.6
    Others 7 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 770 59.2
    Semi-detached, row or terrace house, townhouse 248 19.1
    Flat, unit or apartment 239 18.4
    Caravan, cabin, houseboat 38 2.9
    House or flat attached to a shop, office 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 291 54.6
    Fully owned 140 26.3
    Being purchased 102 19.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table