Suburb Profile Report for Crescent Head NSW (2440)

Crescent Head House: Median price $655,000, Annual capital growth 6.74%, Number of sales 20, Weekly median advertised rent $435

Crescent Head Unit: Median price $340,000, Annual capital growth 4.44%, Number of sales 11, Weekly median advertised rent $310

  • 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

NSW has seen average median house prices change by -4.21% which means that Crescent Head, 2440 has not done well for property investors by showing a capital gain of 5.65% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Crescent Head has increased when compared to the 5 year average annual rate.

Crescent Head is in the TOP 10% in NSW when comparing median price capital growth over the last year. Crescent Head gave property investors a very good capital gain figure when compared to the rest of the state, with 9.68%.

Using the current median advertised rental of $310 and the average annual increase in value of a median property of 4.44%, investors should hope to achieve an overall return of 4.74%

Metrics i HOUSE UNIT
$655,000 $340,000
-3.32% N/A
5.65% 9.68%
6.74% 4.44%
$435 $310
20 11
3.45% 4.74%
111.7 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 : Balanced (H), Balanced (U)
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Demographics
Total population 1586
Median household income ($/weekly) 911
Median age of persons 47
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 193 12.2
    35-44 years 189 11.9
    45-54 years 288 18.1
    55-64 years 312 19.7
    65-74 years 134 8.4
    Others 471 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 523 44.4
    Not Married 501 42.5
    Defacto Relationship 154 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1345 89.6
    Papua New Guinea 24 1.6
    Philippines 11 0.7
    United Kingdom 54 3.6
    Other 11 0.7
    Others 56 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 999 70.1
    No Religion 385 27.0
    Buddhism 20 1.4
    Other Religious Groups 14 1.0
    Hinduism 8 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 53 9.5
    $400-$599 73 13.0
    $600-$799 68 12.1
    $800-$999 71 12.7
    $1,500-$1,999 61 10.9
    Others 234 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 528 42.2
    Employed, worked full-time 343 27.4
    Employed, worked part-time 279 22.3
    Unemployed, looking for work 55 4.4
    Employed, away from work 45 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 86 12.9
    Professionals 188 28.2
    Technicians & trades workers 102 15.3
    Community & personal service workers 77 11.6
    Clerical & administrative workers 61 9.2
    Others 152 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 25 7.5
    Infants/Primary 121 36.3
    Secondary 120 36.0
    Technical or Further Educational Institution 34 10.2
    University or other Tertiary Institutions 25 7.5
    Others 8 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1311 88.4
    Flat, unit or apartment 97 6.5
    Caravan, cabin, houseboat 40 2.7
    Semi-detached, row or terrace house, townhouse 32 2.2
    Improvised home, tent, sleepers out 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 274 43.8
    Rented 178 28.4
    Being purchased 174 27.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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