Suburb Profile Report for Dora Creek NSW (2264)

Dora Creek House: Median price $615,000, Annual capital growth 3.98%, Number of sales 55, Weekly median advertised rent $383

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

Source: CoreLogic

  • House Report
  • Expert Report

If you compare the increase in value of investment property in Dora Creek, 2264 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.59%.

Taking the average capital gain, or increase in median house value, Dora Creek,2264 has racked up an average of 2.59% over the period. This ranks it number 993th in the whole country for real estate investors looking at median house price increases.

At number 864th of NSW’s most discounted properties, Dora Creek is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Dora Creek, 2264’s gross rental yield is 3.23%

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DORA CREEK, NSW, 2264

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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.Full summary

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.

Close
Metrics i HOUSE UNIT
$615,000 N/A
0.82% N/A
2.59% N/A
3.98% N/A
$383 N/A
55 N/A
3.23% N/A
56.2 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
Recent sales & rentals