Suburb Profile Report for Marks Point NSW (2280)

Marks Point House: Median price $485,000, Annual capital growth 2.55%, Number of sales 18, Weekly median advertised rent $415

Marks Point Unit: Median price $385,000, Annual capital growth 1.59%, Number of sales 14, Weekly median advertised rent $333

  • 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

At number 3971th in the list of Australian suburbs ordered by increase in median house value over the last year, Marks Point, 2280 is in the BOTTOM 10% with a property value increase of -21.77% recorded in median house prices.

The five-year average increase in median property values for Marks Point,2280 has given property investors a potential capital gain of 21.86% across each of those five years.

With the median price for a house in Marks Point being $485000 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 4.45%

Marks Point, 2280 ranked 183th in NSW when comparing growth in median property values or capital gain over the last 12 months. Marks Point is one of 3163 in our list for NSW

Over the longer term, Marks Point has seen property prices show investors a 29.19% return over the last 3 years. This is worse than over the last 12 months

Property investors should expect to get $332.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$485,000 $385,000
5.43% -3.14%
-21.77% -2.53%
2.55% 1.59%
$415 $333
18 14
4.45% 4.49%
70.7 66

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)
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Demographics
Total population 1731
Median household income ($/weekly) 823
Median age of persons 45
Median housing loan repayment ($/monthly) 1650
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 186 10.7
    35-44 years 187 10.8
    45-54 years 277 16.0
    55-64 years 274 15.8
    65-74 years 170 9.8
    Others 637 36.8
    Age Group
    Census Count Percent(%)
    Not Married 662 49.4
    Registered Married 551 41.1
    Defacto Relationship 128 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1504 91.2
    Papua New Guinea 16 1.0
    Philippines 11 0.7
    United Kingdom 57 3.5
    Other 20 1.2
    Others 41 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1265 79.0
    No Religion 312 19.5
    Buddhism 14 0.9
    Other Religious Groups 6 0.4
    Hinduism 4 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 80 11.7
    $400-$599 104 15.2
    $600-$799 91 13.3
    $800-$999 69 10.1
    $1,500-$1,999 75 10.9
    Others 267 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 659 47.5
    Employed, worked full-time 410 29.6
    Employed, worked part-time 221 15.9
    Employed, away from work 49 3.5
    Unemployed, looking for work 47 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 109 16.1
    Technicians & trades workers 118 17.5
    Community & personal service workers 68 10.1
    Clerical & administrative workers 106 15.7
    Labourers 69 10.2
    Others 206 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.5
    Infants/Primary 115 37.2
    Secondary 85 27.5
    Technical or Further Educational Institution 44 14.2
    University or other Tertiary Institutions 39 12.6
    Others 6 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1076 65.1
    Flat, unit or apartment 318 19.2
    Semi-detached, row or terrace house, townhouse 242 14.6
    House or flat attached to a shop, office 10 0.6
    Caravan, cabin, houseboat 6 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 324 43.8
    Fully owned 234 31.6
    Being purchased 173 23.4
    Other tenure type 9 1.2
    Tenure Type
Census 2011, ABS
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