Suburb Profile Report for Gillieston Heights NSW (2321)

Gillieston Heights House: Median price $465,000, Annual capital growth 3.79%, Number of sales 104, Weekly median advertised rent $430

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Gillieston Heights, 2321 have given investors a capital gain of -4.12%. This compares badly with the 0.15% for NSW as a whole.

Taking the average capital gain, or increase in median house value, Gillieston Heights,2321 has racked up an average of -4.12% over the period. This ranks it number 2167th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gillieston Heights, 2321. Typically our figures indicate that -3.37% is being offered, which puts this NSW suburb at 2858th most discounted overall in Australia.

Often selling an investment property can take time, and in Gillieston Heights the average time real estate has been on the market is 70.7143 days.

Situated 126.43km from the CBD, Gillieston Heights is one of Maitland (C) localities in the postcode 2321.

Metrics i HOUSE UNIT
$465,000 N/A
-2.11% N/A
-4.12% N/A
3.79% N/A
$430 N/A
104 N/A
4.81% N/A
70.7142857142857 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1372
Median household income ($/weekly) 1183
Median age of persons 37
Median housing loan repayment ($/monthly) 1928
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 150 10.9
    25-34 years 205 14.9
    35-44 years 168 12.2
    45-54 years 165 12.0
    55-64 years 155 11.3
    Others 529 38.6
    Age Group
    Census Count Percent(%)
    Registered Married 513 49.5
    Not Married 398 38.4
    Defacto Relationship 126 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1215 91.6
    Papua New Guinea 12 0.9
    South Africa 8 0.6
    United Kingdom 43 3.2
    Other 7 0.5
    Others 42 3.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1048 82.5
    No Religion 210 16.5
    Buddhism 7 0.6
    Other Religious Groups 6 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 45 9.3
    $400-$599 64 13.2
    $600-$799 48 9.9
    $1,500-$1,999 74 15.3
    $2,500-$2,999 47 9.7
    Others 206 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 410 38.6
    Employed, worked full-time 401 37.7
    Employed, worked part-time 160 15.1
    Employed, away from work 53 5.0
    Unemployed, looking for work 39 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 92 14.9
    Technicians & trades workers 101 16.4
    Clerical & administrative workers 76 12.3
    Sales 73 11.9
    Machinery operators & drivers 73 11.9
    Others 201 32.6
    Occupation
    Census Count Percent(%)
    Pre-school 29 9.7
    Infants/Primary 96 32.1
    Secondary 83 27.8
    Technical or Further Educational Institution 42 14.0
    University or other Tertiary Institutions 40 13.4
    Others 9 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1189 90.7
    Semi-detached, row or terrace house, townhouse 98 7.5
    Caravan, cabin, houseboat 21 1.6
    House or flat attached to a shop, office 3 0.2
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 214 41.9
    Being purchased 190 37.2
    Rented 104 20.4
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table