Suburb Profile Report for Alstonville NSW (2477)

Alstonville House: Median price $541,250, Annual capital growth 4.15%, Number of sales 105, Weekly median advertised rent $450

Alstonville Unit: Median price $327,000, Annual capital growth 3.82%, Number of sales 51, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Alstonville, 2477 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.61%

Alstonville,2477 has offered an average of 20.61% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Alstonville 2477 should be seeing an average reduction in asking price of around -2.97% . This means that Alstonville is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Alstonville have been waiting around 67.49 days to sell a property.

Situated 596.46km from the CBD, Alstonville is one of Ballina localities in the postcode 2477.

If you compare the increase in value of investment property in Alstonville, 2477 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.00%.

When looking at the potential capital gains offered to property investors over the last 3 years, Alstonville comes in at number 417th in NSW.

LACK OF BUYER INTEREST may well be the reason that Alstonville is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 223th in terms of most discounted suburbs in NSW

With the median price for a house in Alstonville being $327000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 5.17%

Metrics i HOUSE UNIT
$541,250 $327,000
8.36% 2.67%
20.61% 9.00%
4.15% 3.82%
$450 $325
105 51
4.32% 5.17%
67.49 44.22

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Alstonville NSW
Demographics
Total population 5647
Median household income ($/weekly) 888
Median age of persons 48
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 685 12.1
    35-44 years 644 11.4
    45-54 years 748 13.2
    55-64 years 758 13.4
    65-74 years 682 12.1
    Others 2132 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 2225 53.2
    Not Married 1648 39.4
    Defacto Relationship 312 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4864 88.5
    New Zealand 37 0.7
    Papua New Guinea 93 1.7
    United Kingdom 252 4.6
    Other 69 1.3
    Others 180 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 59 1.1
    Christianity 4062 76.4
    Hinduism 8 0.2
    Other Religious Groups 22 0.4
    No Religion 1160 21.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 241 11.4
    $400-$599 320 15.2
    $600-$799 260 12.3
    $800-$999 272 12.9
    $1,000-$1,249 209 9.9
    Others 809 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2173 48.1
    Employed, worked full-time 1242 27.5
    Employed, worked part-time 837 18.5
    Employed, away from work 141 3.1
    Unemployed, looking for work 129 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 265 12.0
    Professionals 502 22.6
    Technicians & trades workers 291 13.1
    Community & personal service workers 260 11.7
    Clerical & administrative workers 320 14.4
    Others 579 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 102 8.4
    Infants/Primary 441 36.4
    Secondary 395 32.6
    Technical or Further Educational Institution 113 9.3
    University or other Tertiary Institutions 134 11.1
    Others 26 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4419 83.4
    Flat, unit or apartment 400 7.6
    Semi-detached, row or terrace house, townhouse 363 6.9
    Caravan, cabin, houseboat 111 2.1
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1068 47.6
    Being purchased 621 27.7
    Rented 524 23.4
    Other tenure type 31 1.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals