Suburb Profile Report for Gillieston Heights NSW (2321)

Gillieston Heights House: Median price $475,000, Annual capital growth 10.62%, Number of sales 78, Weekly median advertised rent $425

  • 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

Giving property investors a an average capital gain of -0.52% for the last year, Gillieston Heights, 2321 is the 1779th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Gillieston Heights has given property investors a paper return of -2.06%. This puts Suburb as 847 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Gillieston Heights is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 885th in terms of most discounted suburbs in NSW

A $425 per week rent on the median house gives suburb investors a gross yield of circa 4.65%, without taking into account capital value appreciation, which has been averaging out at 10.62%.

Metrics i HOUSE UNIT
$475,000 N/A
-2.06% N/A
-0.52% N/A
10.62% N/A
$425 N/A
78 N/A
4.65% N/A
51.625 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 : Above average (H), Below 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