Suburb Profile Report for Port Kembla NSW (2505)

Port Kembla House: Median price $630,000, Annual capital growth 8.82%, Number of sales 72, Weekly median advertised rent $430

Port Kembla Unit: Median price $422,875, Annual capital growth 6.62%, Number of sales 23, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Port Kembla has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 21.39% to date .

Taking the average capital gain, or increase in median house value, Port Kembla,2505 has racked up an average of 21.39% over the period. This ranks it number 140th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Port Kembla is $630000, with sellers offering an average of -2.29% off the asking price.

With the median price for a house in Port Kembla being $630000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.55%

Port Kembla has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -26.46% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Port Kembla comes in at number 43th 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 Port Kembla, 2505. Typically our figures indicate that -2.20% is being offered, which puts this NSW suburb at 1412th most discounted overall in Australia.

At number 30 in a list of fastest selling suburbs, Port Kembla is in the TOP 10% of suburbs in Australia with an average of days on market 25 for properties listed there.

The NSW suburb of Port Kembla, 2505 is in the Wollongong local government area.

Metrics i HOUSE UNIT
$630,000 $422,875
0.80% -0.44%
21.39% -26.46%
8.82% 6.62%
$430 $330
72 23
3.55% 4.06%
41.91 25

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4883
Median household income ($/weekly) 806
Median age of persons 43
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 483 9.9
    25-34 years 556 11.4
    35-44 years 621 12.7
    45-54 years 731 15.0
    55-64 years 560 11.5
    Others 1933 39.6
    Age Group
    Census Count Percent(%)
    Not Married 1747 47.1
    Registered Married 1684 45.4
    Defacto Relationship 282 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3157 68.6
    Germany 525 11.4
    Japan 186 4.0
    United Kingdom 134 2.9
    Other 212 4.6
    Others 391 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.7
    Christianity 3670 81.9
    Hinduism 10 0.2
    Islam 39 0.9
    No Religion 721 16.1
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 210 12.3
    $400-$599 255 15.0
    $600-$799 199 11.7
    $800-$999 157 9.2
    $1,500-$1,999 178 10.5
    Others 703 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1886 48.8
    Employed, worked full-time 1078 27.9
    Employed, worked part-time 571 14.8
    Unemployed, looking for work 196 5.1
    Employed, away from work 130 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 255 14.4
    Technicians & trades workers 271 15.3
    Clerical & administrative workers 240 13.5
    Sales 206 11.6
    Labourers 266 15.0
    Others 539 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 83 8.7
    Infants/Primary 293 30.9
    Secondary 267 28.1
    Technical or Further Educational Institution 139 14.6
    University or other Tertiary Institutions 145 15.3
    Others 22 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3814 84.2
    Flat, unit or apartment 456 10.1
    Semi-detached, row or terrace house, townhouse 188 4.1
    House or flat attached to a shop, office 73 1.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 821 44.6
    Rented 594 32.2
    Being purchased 418 22.7
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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