Suburb Profile Report for Austinmer NSW (2515)

Austinmer House: Median price $1,200,000, Annual capital growth 6.38%, Number of sales 25, Weekly median advertised rent $740

Austinmer Unit: Median price $645,000, Annual capital growth 5.15%, Number of sales 11, Weekly median advertised rent $560

  • 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.

  • House Report
  • Unit Report

Over the last year, property investments in Austinmer, 2515 have given investors a capital gain of -4.76%. This compares badly with the 0.15% for NSW as a whole.

Taking the average capital gain, or increase in median house value, Austinmer,2515 has racked up an average of -4.76% over the period. This ranks it number 2860th in the whole country for real estate investors looking at median house price increases.

The NSW suburb of Austinmer, 2515 is in the Wollongong (C) local government area.

Investment property in Austinmer has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.03%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Austinmer has increased when compared to the 5 year average annual rate.

On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.

A $560 per week rent on the median house gives suburb investors a gross yield of circa 4.51%, without taking into account capital value appreciation, which has been averaging out at 5.15%.

Metrics i HOUSE UNIT
$1,200,000 $645,000
-4.00% 17.27%
-4.76% -11.03%
6.38% 5.15%
$740 $560
25 11
3.21% 4.51%
73.1764705882353 N/A

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), Above average (U)
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Demographics
Total population 2452
Median household income ($/weekly) 1786
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 344 14.0
    25-34 years 237 9.7
    35-44 years 351 14.3
    45-54 years 405 16.5
    55-64 years 340 13.9
    Others 775 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 919 53.1
    Not Married 641 37.1
    Defacto Relationship 170 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1955 84.7
    Papua New Guinea 28 1.2
    South Africa 17 0.7
    United Kingdom 170 7.4
    Other 39 1.7
    Others 100 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 1.5
    Christianity 1348 60.5
    Islam 7 0.3
    Judaism 9 0.4
    No Religion 823 36.9
    Others 8 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 61 8.2
    $1,500-$1,999 81 10.9
    $2,000-$2,499 80 10.8
    $2,500-$2,999 100 13.5
    $3,000-$3,499 75 10.1
    Others 343 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 683 37.4
    Not in the labour force 563 30.8
    Employed, worked part-time 437 23.9
    Employed, away from work 92 5.0
    Unemployed, looking for work 52 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 173 14.3
    Professionals 480 39.7
    Technicians & trades workers 137 11.3
    Community & personal service workers 113 9.3
    Clerical & administrative workers 151 12.5
    Others 156 12.9
    Occupation
    Census Count Percent(%)
    Pre-school 62 8.7
    Infants/Primary 225 31.6
    Secondary 192 27.0
    Technical or Further Educational Institution 55 7.7
    University or other Tertiary Institutions 152 21.4
    Others 25 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1987 87.5
    Semi-detached, row or terrace house, townhouse 203 8.9
    Flat, unit or apartment 82 3.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 336 40.1
    Being purchased 309 36.9
    Rented 186 22.2
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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