Suburb Profile Report for The Entrance NSW (2261)

The Entrance House: Median price $662,500, Annual capital growth 7.94%, Number of sales 28, Weekly median advertised rent $400

The Entrance Unit: Median price $446,000, Annual capital growth 4.77%, Number of sales 95, Weekly median advertised rent $370

  • 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

Investment property in The Entrance has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.99%

Over the longer term, The Entrance has seen property prices show investors a 19.86% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in The Entrance itself are offering an average vendor discount of -7.06% to real estate investors.

Often selling an investment property can take time, and in The Entrance the average time real estate has been on the market is 102.563 days.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

At number 518th in the list of Australian suburbs ordered by increase in median house value over the last year, The Entrance, 2261 is in the top 40% with a property value increase of 1.36% recorded in median house prices.

A 41.59% growth in median value for property investors in The Entrance,2261 puts this suburb at number 252th in terms of best performing suburbs in NSW

The most recent median price for The Entrance is $446000, with sellers offering an average of -8.87% off the asking price.

Advertised rents are around the $370 mark per week – giving a return of 4.31% based on the median price in Suburb

Metrics i HOUSE UNIT
$662,500 $446,000
-5.36% -0.89%
-3.99% 1.36%
7.94% 4.77%
$400 $370
28 95
3.14% 4.31%
102.5625 100.6875

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 : Below average (H), Balanced (U)
Find a mortgage broker in The Entrance NSW
Demographics
Total population 3872
Median household income ($/weekly) 699
Median age of persons 42
Median housing loan repayment ($/monthly) 1673
Average household size 2
  • Census Count Percent(%)
    25-34 years 476 12.3
    35-44 years 475 12.3
    45-54 years 506 13.1
    55-64 years 447 11.5
    65-74 years 461 11.9
    Others 1508 38.9
    Age Group
    Census Count Percent(%)
    Not Married 1542 57.1
    Registered Married 861 31.9
    Defacto Relationship 299 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2866 85.3
    Papua New Guinea 79 2.4
    Philippines 29 0.9
    United Kingdom 112 3.3
    Other 66 2.0
    Others 208 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 0.9
    Christianity 2545 78.0
    Islam 25 0.8
    Other Religious Groups 18 0.6
    No Religion 629 19.3
    Others 16 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 206 13.7
    $400-$599 284 18.9
    $600-$799 238 15.9
    $800-$999 157 10.5
    $1,500-$1,999 128 8.5
    Others 488 32.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1378 49.4
    Employed, worked full-time 710 25.4
    Employed, worked part-time 402 14.4
    Unemployed, looking for work 202 7.2
    Employed, away from work 100 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 194 16.0
    Technicians & trades workers 180 14.9
    Community & personal service workers 149 12.3
    Clerical & administrative workers 149 12.3
    Labourers 172 14.2
    Others 368 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 61 10.2
    Infants/Primary 204 34.2
    Secondary 155 26.0
    Technical or Further Educational Institution 78 13.1
    University or other Tertiary Institutions 69 11.6
    Others 29 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1612 47.9
    Separate house 1258 37.4
    Semi-detached, row or terrace house, townhouse 453 13.5
    House or flat attached to a shop, office 30 0.9
    Caravan, cabin, houseboat 10 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1065 65.5
    Fully owned 414 25.5
    Being purchased 138 8.5
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
Chart Table