Suburb Profile Report for Pottsville NSW (2489)

Pottsville House: Median price $755,500, Annual capital growth 4.49%, Number of sales 108, Weekly median advertised rent $580

Pottsville Unit: Median price $495,000, Annual capital growth 2.63%, Number of sales 59, Weekly median advertised rent $470

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. 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 1.14% which means that Pottsville, 2489 has done well for property investors by showing a capital gain of 3.49% over the last year

While Pottsville,2489 ranked number 542th in NSW for increase in median house value (annualised) increase, it is ranked 170th over the last 5 years.

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 Pottsville, 2489. Typically our figures indicate that -3.91% is being offered, which puts this NSW suburb at 2729th most discounted overall in Australia.

Often selling an investment property can take time, and in Pottsville the average time real estate has been on the market is 72.4382 days.

Pottsville, 2489’s gross rental yield is 3.99%

If you compare the increase in value of investment property in Pottsville, 2489 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -6.60%.

A 31.30% growth in median value for property investors in Pottsville,2489 puts this suburb at number 493th in terms of best performing suburbs in NSW

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.74% offered to property buyers. Sellers in Pottsville itself are offering an average vendor discount of -4.33% to real estate investors.

Situated 649.04km from the CBD, Pottsville is one of Tweed (A) localities in the postcode 2489.

Metrics i HOUSE UNIT
$755,500 $495,000
2.09% -2.94%
3.49% -6.60%
4.49% 2.63%
$580 $470
108 59
3.99% 4.94%
72.438202247191 63.85

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 5734
Median household income ($/weekly) 1033
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 900 15.7
    25-34 years 650 11.3
    35-44 years 883 15.4
    45-54 years 705 12.3
    55-64 years 637 11.1
    Others 1960 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 2067 53.6
    Not Married 1257 32.6
    Defacto Relationship 530 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4823 86.9
    Papua New Guinea 135 2.4
    South Africa 28 0.5
    United Kingdom 346 6.2
    Other 50 0.9
    Others 171 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 3718 70.0
    No Religion 1491 28.1
    Buddhism 57 1.1
    Other Religious Groups 31 0.6
    Hinduism 12 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 269 14.7
    $600-$799 229 12.5
    $800-$999 182 10.0
    $1,000-$1,249 175 9.6
    $1,500-$1,999 257 14.1
    Others 715 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1783 42.6
    Employed, worked full-time 1249 29.8
    Employed, worked part-time 829 19.8
    Unemployed, looking for work 183 4.4
    Employed, away from work 141 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 431 19.4
    Technicians & trades workers 398 17.9
    Community & personal service workers 291 13.1
    Clerical & administrative workers 295 13.3
    Labourers 226 10.2
    Others 580 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 155 10.9
    Infants/Primary 613 43.1
    Secondary 360 25.3
    Technical or Further Educational Institution 144 10.1
    University or other Tertiary Institutions 115 8.1
    Others 36 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3157 59.0
    Semi-detached, row or terrace house, townhouse 1949 36.4
    Flat, unit or apartment 192 3.6
    Caravan, cabin, houseboat 50 0.9
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 732 36.7
    Fully owned 638 32.0
    Rented 619 31.0
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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