Suburb Profile Report for The Junction NSW (2291)

The Junction House: Median price $1,290,000, Annual capital growth 7.17%, Number of sales 11, Weekly median advertised rent $518

The Junction Unit: Median price $790,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $378

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in The Junction, 2291 have given investors a capital gain of 3.20%. This compares averagely with the 5.53% for NSW as a whole.

Across a shorter period, The Junction, 2291 has seen a median price increase of 1.57% over the last quarter.

Situated 115.29km from the CBD, The Junction is one of Newcastle localities in the postcode 2291.

The Junction,2291 was ranked 1 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$1,290,000 $790,000
1.57% 33.90%
3.20% N/A
7.17% N/A
$518 $378
11 12
2.09% 2.48%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1495
Median household income ($/weekly) 1159
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 148 9.9
    25-34 years 255 17.0
    35-44 years 197 13.2
    45-54 years 201 13.4
    55-64 years 191 12.8
    Others 504 33.7
    Age Group
    Census Count Percent(%)
    Not Married 600 51.8
    Registered Married 438 37.8
    Defacto Relationship 121 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1252 88.3
    Papua New Guinea 16 1.1
    United Kingdom 52 3.7
    United States of America 9 0.6
    Other 23 1.6
    Others 66 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.9
    Christianity 996 71.5
    Hinduism 3 0.2
    Judaism 3 0.2
    No Religion 361 25.9
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 67 11.4
    $400-$599 57 9.7
    $600-$799 48 8.2
    $800-$999 48 8.2
    $1,500-$1,999 73 12.4
    Others 295 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 477 39.0
    Not in the labour force 385 31.5
    Employed, worked part-time 257 21.0
    Employed, away from work 62 5.1
    Unemployed, looking for work 43 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 107 13.5
    Professionals 262 33.1
    Technicians & trades workers 89 11.3
    Community & personal service workers 99 12.5
    Clerical & administrative workers 108 13.7
    Others 126 15.9
    Occupation
    Census Count Percent(%)
    Pre-school 26 6.9
    Infants/Primary 95 25.1
    Secondary 70 18.5
    Technical or Further Educational Institution 40 10.6
    University or other Tertiary Institutions 135 35.7
    Others 12 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 813 58.4
    Flat, unit or apartment 309 22.2
    Semi-detached, row or terrace house, townhouse 267 19.2
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 310 47.9
    Fully owned 187 28.9
    Being purchased 144 22.3
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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