Suburb Profile Report for Laurieton NSW (2443)

Laurieton House: Median price $460,000, Annual capital growth 2.89%, Number of sales 31, Weekly median advertised rent $355

Laurieton Unit: Median price $390,000, Annual capital growth 3.87%, Number of sales 30, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a a poor capital gain of -6.60% for the last year, Laurieton, 2443 is the 3756th highest performer in Australia in this respect.

Over the longer term, Laurieton has seen property prices show investors a 22.67% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Laurieton is giving property investors an average Vendor Discount of around -2.66%. This puts suburb at number 1165th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $355 and the average annual increase in value of a median property of 2.89%, investors should hope to achieve an overall return of 4.01%

With a capital gain of 6.12% for the last 12 months, Laurieton, 2443 has performed for property investments than its average annual 3.87% property growth over the last 5 years.

A 33.56% growth in median value for property investors in Laurieton,2443 puts this suburb at number 141th in terms of best performing suburbs in NSW

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 Laurieton, 2443. Typically our figures indicate that -3.55% is being offered, which puts this NSW suburb at 1180th most discounted overall in Australia.

Situated 220.36km from the CBD, Laurieton is one of Port Macquarie-Hastings localities in the postcode 2443.

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July 2017

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Laurieton recorded over 25% growth in the past year. Even then, the median house price hasn't hit the $500,000 mark, making it an affordable option for those who wish to downsize.Full summary

Development puts resort town on the map 
Median house price: $490,000
Three-year growth: 48.48%
Rental yield: 4.24%

The biggest town in the Camden Haven district, Laurieton is a tourist hub that certainly seems to be getting more than holidaymakers these days.

The suburb recorded over 25% growth in the past year. Even then, the median house price does not hit the $500,000 mark, making it an affordable option for those who wish to downsize or enjoy the beach lifestyle. Laurieton could also be getting investor attention with its reasonable rental returns of more than 4%.

Given its position near Port Macquarie, Laurieton has seen much urban development to complement its beautiful natural surroundings. It is now home to a thriving commercial centre with shopping and employment opportunities. Moreover, Camden Haven High School, the largest school in the area, is only 5km from the suburb.

Close
Metrics i HOUSE UNIT
$460,000 $390,000
3.95% 2.23%
-6.60% 6.12%
2.89% 3.87%
$355 $330
31 30
4.01% 4.40%
70.8 75.5

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Laurieton NSW
Demographics
Total population 1930
Median household income ($/weekly) 567
Median age of persons 64
Median housing loan repayment ($/monthly) 1352
Average household size 1.8
  • Census Count Percent(%)
    45-54 years 203 10.5
    55-64 years 299 15.5
    65-74 years 375 19.4
    75-84 years 393 20.4
    85 years and over 171 8.9
    Others 490 25.4
    Age Group
    Census Count Percent(%)
    Registered Married 737 47.9
    Not Married 683 44.4
    Defacto Relationship 119 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1609 89.1
    Croatia 11 0.6
    Papua New Guinea 27 1.5
    United Kingdom 106 5.9
    Other 13 0.7
    Others 40 2.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1415 80.7
    No Religion 308 17.6
    Buddhism 18 1.0
    Islam 6 0.3
    Other Religious Groups 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 49 5.6
    $300-$399 161 18.5
    $400-$599 228 26.2
    $600-$799 136 15.6
    $800-$999 104 12.0
    Others 192 22.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1155 70.5
    Employed, worked full-time 228 13.9
    Employed, worked part-time 172 10.5
    Unemployed, looking for work 52 3.2
    Employed, away from work 32 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 45 10.4
    Technicians & trades workers 89 20.6
    Community & personal service workers 53 12.3
    Sales 58 13.4
    Labourers 56 13.0
    Others 131 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 15 7.5
    Infants/Primary 68 33.8
    Secondary 64 31.8
    Technical or Further Educational Institution 27 13.4
    University or other Tertiary Institutions 22 10.9
    Others 5 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1248 71.8
    Semi-detached, row or terrace house, townhouse 250 14.4
    Flat, unit or apartment 140 8.1
    Caravan, cabin, houseboat 95 5.5
    House or flat attached to a shop, office 6 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 491 53.5
    Rented 269 29.3
    Being purchased 117 12.7
    Other tenure type 41 4.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals