Suburb Profile Report for Dora Creek NSW (2264)

Dora Creek House: Median price $576,667, Annual capital growth 7.23%, Number of sales 28, Weekly median advertised rent $405

  • 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.

  • Expert Report
  • House Report

Dora Creek, 2264 ranked 1022th in NSW when comparing growth in median property values or capital gain over the last 12 months. Dora Creek is one of 3163 in our list for NSW

A 56.28% growth in median value for property investors in Dora Creek,2264 puts this suburb at number 1206th in terms of best performing suburbs in NSW

Property buyers and investors in Dora Creek 2264 should be seeing an average reduction in asking price of around -11.09% . This means that Dora Creek is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.

With the median price for a house in Dora Creek being $576667 and the advertised rent reaching $405 the gross rental yield for property investors calculates out to be 3.65%

Information supplied by:


DORA CREEK, NSW, 2264

M
O

W
E

Rural suburb records top housing market growth

Postcode: 2264

Median house price: $613,250

Three-year growth: 66.19%

Rental yield: 3.22%

Dora Creek may be a small rural suburb, but that has not stopped it from being one of the top growers in NSW’s housing market.

House values have skyrocketed by over 40% over the past 12 months leading up to May 2017, bringing the median house price to just over $600,000. This growth trend has been strong and consistent over the previous five years; the suburb reports a high average annual growth rate of nearly 10%.

True to its name, a creek runs through the middle of Dora Creek. The area has also received much attention from the Lake Macquarie government, which seeks to protect this natural site and has conducted significant foreshore restoration works.

Dora Creek is less than an hour’s drive from Newcastle, and is served by its own railway station.

Metrics i HOUSE UNIT
$576,667 N/A
-7.59% N/A
-11.21% N/A
7.23% N/A
$405 N/A
28 N/A
3.65% N/A
85.3333333333333 N/A

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), Balanced (U)
Find a mortgage broker in Dora Creek NSW
Demographics
Total population 1670
Median household income ($/weekly) 919
Median age of persons 47
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 182 10.9
    35-44 years 166 9.9
    45-54 years 241 14.4
    55-64 years 233 13.9
    65-74 years 229 13.7
    Others 620 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 645 49.6
    Not Married 499 38.4
    Defacto Relationship 157 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1387 86.6
    New Zealand 17 1.1
    Papua New Guinea 44 2.7
    United Kingdom 78 4.9
    Other 24 1.5
    Others 51 3.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1128 73.7
    No Religion 391 25.5
    Buddhism 12 0.8
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 53 8.9
    $400-$599 94 15.8
    $600-$799 66 11.1
    $800-$999 72 12.1
    $1,500-$1,999 76 12.8
    Others 234 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 654 48.0
    Employed, worked full-time 407 29.9
    Employed, worked part-time 216 15.8
    Employed, away from work 50 3.7
    Unemployed, looking for work 36 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 111 16.5
    Technicians & trades workers 131 19.4
    Clerical & administrative workers 83 12.3
    Sales 67 9.9
    Labourers 92 13.6
    Others 190 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 23 7.1
    Infants/Primary 103 32.0
    Secondary 104 32.3
    Technical or Further Educational Institution 38 11.8
    University or other Tertiary Institutions 49 15.2
    Others 5 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1567 98.9
    Semi-detached, row or terrace house, townhouse 18 1.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 300 45.9
    Being purchased 195 29.8
    Rented 159 24.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table