Suburb Profile Report for East Maitland NSW (2323)

East Maitland House: Median price $497,500, Annual capital growth 4.76%, Number of sales 217, Weekly median advertised rent $410

East Maitland Unit: Median price $340,000, Annual capital growth 4.04%, Number of sales 29, Weekly median advertised rent $320

  • 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.

  • Expert Report
  • House Report
  • Unit Report

Over the last year, property investments in East Maitland, 2323 have given investors a capital gain of -0.40%. This compares averagely with the 0.15% for NSW as a whole.

Comparing East Maitland,2323 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in East Maitland should be aiming for at least -5.53% off the asking price, which is the average vendor discount being achieved at the moment.

East Maitland is in the TOP 30% in NSW when comparing median price capital growth over the last year. East Maitland gave property investors a good capital gain figure when compared to the rest of the state, with 3.82%.

Across a shorter period, East Maitland, 2323 has seen a median price increase of 1.04% over the last quarter.

East Maitland2323 is located in NSW which offers an average discount of -6.01% to property investors. East Maitland itself is showing figures that indicate -5.22% is the average achievable by property buyers investing in the suburb.

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Located in the Lower Hunter Valley, around 25km northwest of Newcastle and 160km north of Sydney, East Maitland is part of the larger city of Maitland. The other suburbs that make up the city include nearby Rutherford, Maitland and Ashtonfield.

Metrics i HOUSE UNIT
$497,500 $340,000
-0.50% 1.04%
-0.40% 3.82%
4.76% 4.04%
$410 $320
217 29
4.29% 4.89%
77.3392857142857 95.9047619047619

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 : Good (H), Good (U)
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Demographics
Total population 11014
Median household income ($/weekly) 1036
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1378 12.5
    25-34 years 1344 12.2
    35-44 years 1456 13.2
    45-54 years 1372 12.5
    55-64 years 1352 12.3
    Others 4112 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 3909 47.5
    Not Married 3538 43.0
    Defacto Relationship 782 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 9627 91.9
    Indonesia 58 0.6
    Papua New Guinea 102 1.0
    United Kingdom 279 2.7
    Other 110 1.1
    Others 294 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.4
    Christianity 8403 81.8
    Hinduism 26 0.3
    Other Religious Groups 52 0.5
    No Religion 1719 16.7
    Others 27 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 440 10.9
    $400-$599 494 12.2
    $600-$799 423 10.5
    $800-$999 361 8.9
    $1,500-$1,999 475 11.8
    Others 1849 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3377 39.6
    Employed, worked full-time 3063 36.0
    Employed, worked part-time 1513 17.8
    Employed, away from work 298 3.5
    Unemployed, looking for work 269 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 486 10.0
    Professionals 988 20.3
    Technicians & trades workers 886 18.2
    Clerical & administrative workers 679 13.9
    Labourers 465 9.6
    Others 1365 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 173 7.1
    Infants/Primary 895 36.8
    Secondary 650 26.7
    Technical or Further Educational Institution 283 11.6
    University or other Tertiary Institutions 382 15.7
    Others 49 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8665 83.4
    Semi-detached, row or terrace house, townhouse 912 8.8
    Flat, unit or apartment 780 7.5
    House or flat attached to a shop, office 32 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1488 34.4
    Rented 1456 33.7
    Being purchased 1323 30.6
    Other tenure type 55 1.3
    Tenure Type
Census 2011, ABS
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