Suburb Profile Report for Brightwaters NSW (2264)

Brightwaters House: Median price $662,500, Annual capital growth 8.53%, Number of sales 19, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

At number 93th in the list of Australian suburbs ordered by increase in median house value over the last year, Brightwaters, 2264 is in the top 10% with a property value increase of 31.84% recorded in median house prices.

While Brightwaters,2264 ranked number 1269th in NSW for increase in median house value (annualised) increase, it is ranked 959th over the last 5 years.

Vendor discounting in Brightwaters is giving property investors an average Vendor Discount of around -8.61%. This puts suburb at number 92th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Brightwaters the average time real estate has been on the market is 74.05 days.

With the median price for a house in Brightwaters being $662500 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.10%

Metrics i HOUSE UNIT
$662,500 N/A
-3.99% N/A
31.84% N/A
8.53% N/A
$395 N/A
19 N/A
3.10% N/A
74.05 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Brightwaters NSW
Demographics
Total population 876
Median household income ($/weekly) 975
Median age of persons 43
Median housing loan repayment ($/monthly) 1842
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 112 12.8
    35-44 years 100 11.4
    45-54 years 133 15.2
    55-64 years 130 14.8
    65-74 years 107 12.2
    Others 294 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 358 55.0
    Not Married 244 37.5
    Defacto Relationship 49 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 752 88.7
    Greece 9 1.1
    Papua New Guinea 16 1.9
    United Kingdom 32 3.8
    Other 7 0.8
    Others 32 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 633 78.3
    No Religion 169 20.9
    Buddhism 6 0.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 43 15.0
    $600-$799 42 14.7
    $800-$999 32 11.2
    $1,500-$1,999 31 10.8
    $2,000-$2,499 25 8.7
    Others 113 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 285 41.2
    Employed, worked full-time 221 31.9
    Employed, worked part-time 139 20.1
    Employed, away from work 26 3.8
    Unemployed, looking for work 21 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 52 13.6
    Professionals 86 22.5
    Technicians & trades workers 52 13.6
    Community & personal service workers 44 11.5
    Clerical & administrative workers 53 13.8
    Others 96 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 14 7.1
    Infants/Primary 76 38.4
    Secondary 50 25.3
    Technical or Further Educational Institution 32 16.2
    University or other Tertiary Institutions 17 8.6
    Others 9 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 790 97.7
    Flat, unit or apartment 10 1.2
    Semi-detached, row or terrace house, townhouse 3 0.4
    Caravan, cabin, houseboat 3 0.4
    Improvised home, tent, sleepers out 3 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 142 43.3
    Being purchased 106 32.3
    Rented 80 24.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals