Suburb Profile Report for Coniston NSW (2500)

Coniston House: Median price $655,000, Annual capital growth 4.65%, Number of sales 15, Weekly median advertised rent $480

Coniston Unit: Median price $480,000, Annual capital growth 10.38%, Number of sales 17, Weekly median advertised rent $378

  • 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.

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  • House Report
  • Unit Report

Property value increases in Coniston have tracked close to the NSW average of 0.15% over the last 12 months.

Across a shorter period, Coniston, 2500 has seen a median price increase of 1.55% over the last quarter.

Advertised rents are around the $480 mark per week – giving a return of 3.81% based on the median price in Suburb

Property value increases in Coniston have tracked just higher than the NSW average of -0.92% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Coniston comes in at number 28th in NSW.

On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.

Coniston, 2500’s gross rental yield is 4.09%

Information supplied by:


April 2019

M
O

W
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Buoyed by the past

Postcode: 2500

Median house price: $720,000

Three-year growth: 32.1%

Rental yield: 3.5%

North of the Port Kembla Steelworks and just south of the Wollongong CBD, the suburb of Coniston is a hub of commercial activity with many businesses operating, including a hotel, bakery, specialty retail shops and a medical centre.

House prices were flat in the February 2019 quarter, but this is certainly a suburb with strong growth potential, if its average annual growth rate of 9% is any indication, as it comes off remarkable boosts over 2016 and 2014.

It is also close to the many amenities in Wollongong, including the beautiful port area and schools such a campus of the Illawarra Institute of TAFE. Public transport is also abundant, with trains running through the Coniston railway station and several bus stops. Coniston is also known for Greenhouse Park, a park that was converted from a waste pile.

Metrics i HOUSE UNIT
$655,000 $480,000
1.55% 10.34%
0.77% 3.84%
4.65% 10.38%
$480 $378
15 17
3.81% 4.09%
72.1818181818182 49.3636363636364

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 2179
Median household income ($/weekly) 985
Median age of persons 38
Median housing loan repayment ($/monthly) 1534
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 241 11.0
    25-34 years 332 15.2
    35-44 years 302 13.8
    45-54 years 279 12.8
    55-64 years 221 10.1
    Others 806 37.0
    Age Group
    Census Count Percent(%)
    Registered Married 734 45.7
    Not Married 722 44.9
    Defacto Relationship 151 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1332 64.6
    Egypt 70 3.4
    Germany 175 8.5
    United Kingdom 73 3.5
    Other 93 4.5
    Others 318 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 2.0
    Christianity 1500 74.9
    Islam 62 3.1
    Other Religious Groups 18 0.9
    No Religion 374 18.7
    Others 10 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 106 14.1
    $600-$799 87 11.6
    $800-$999 69 9.2
    $1,000-$1,249 74 9.9
    $1,500-$1,999 78 10.4
    Others 336 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 738 42.9
    Employed, worked full-time 539 31.3
    Employed, worked part-time 276 16.0
    Unemployed, looking for work 103 6.0
    Employed, away from work 65 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 198 22.4
    Technicians & trades workers 106 12.0
    Community & personal service workers 104 11.8
    Clerical & administrative workers 146 16.5
    Labourers 109 12.3
    Others 220 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 34 6.6
    Infants/Primary 156 30.4
    Secondary 103 20.1
    Technical or Further Educational Institution 72 14.0
    University or other Tertiary Institutions 125 24.4
    Others 23 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1299 64.5
    Semi-detached, row or terrace house, townhouse 386 19.2
    Flat, unit or apartment 315 15.6
    House or flat attached to a shop, office 14 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 302 37.8
    Fully owned 292 36.5
    Being purchased 200 25.0
    Other tenure type 5 0.6
    Tenure Type
Census 2011, ABS
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