Suburb Profile Report for Shellharbour NSW (2529)

Shellharbour House: Median price $800,000, Annual capital growth 7.16%, Number of sales 37, Weekly median advertised rent $523

Shellharbour Unit: Median price $515,000, Annual capital growth 6.41%, Number of sales 22, Weekly median advertised rent $440

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Shellharbour has done pretty 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 -8.57%

Across a shorter period, Shellharbour, 2529 has seen a median price increase of 0.00% over the last quarter.

Property buyers and investors in Shellharbour 2529 should be seeing an average reduction in asking price of around -10.19% . This means that Shellharbour is holding prices well when compared to other suburbs in NSW.

Shellharbour is 784th on a list of best yielding suburbs for rents in NSW with a 3.40% return

Shellharbour is in the bottom 10% in NSW when comparing median price capital growth over the last year. Shellharbour gave property investors a dismal capital gain figure when compared to the rest of the state, with -19.34%.

Over the longer term, Shellharbour has seen property prices show investors a 12.57% return over the last 3 years. This is worse than over the last 12 months

At number 213th of NSW’s most discounted properties, Shellharbour is in the TOP 40% of the state/territory when listing in order of most discounted to least.

At number 1246 in a list of fastest selling suburbs, Shellharbour is in the bottom 10% of suburbs in Australia with an average of days on market 125.059 for properties listed there.

Renters in Suburb are facing rents around $22880 per annum or $440 every week.

Metrics i HOUSE UNIT
$800,000 $515,000
0.00% -6.36%
-8.57% -19.34%
7.16% 6.41%
$523 $440
37 22
3.40% 4.44%
76.4761904761905 125.058823529412

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 3326
Median household income ($/weekly) 1208
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 409 12.3
    25-34 years 309 9.3
    35-44 years 431 13.0
    45-54 years 584 17.6
    55-64 years 412 12.4
    Others 1182 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 1335 52.2
    Not Married 1024 40.0
    Defacto Relationship 200 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2651 82.7
    Germany 56 1.7
    Papua New Guinea 31 1.0
    United Kingdom 201 6.3
    Other 65 2.0
    Others 201 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.5
    Christianity 2544 81.9
    Islam 34 1.1
    Other Religious Groups 11 0.4
    No Religion 492 15.8
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 123 11.5
    $600-$799 112 10.5
    $800-$999 101 9.4
    $1,500-$1,999 148 13.8
    $2,000-$2,499 101 9.4
    Others 485 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 973 36.7
    Not in the labour force 953 35.9
    Employed, worked part-time 502 18.9
    Employed, away from work 124 4.7
    Unemployed, looking for work 101 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 266 16.6
    Technicians & trades workers 261 16.3
    Community & personal service workers 198 12.4
    Clerical & administrative workers 218 13.6
    Sales 178 11.1
    Others 477 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 65 8.0
    Infants/Primary 279 34.1
    Secondary 244 29.9
    Technical or Further Educational Institution 104 12.7
    University or other Tertiary Institutions 112 13.7
    Others 13 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2629 82.5
    Flat, unit or apartment 259 8.1
    Semi-detached, row or terrace house, townhouse 249 7.8
    House or flat attached to a shop, office 44 1.4
    Caravan, cabin, houseboat 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 467 39.1
    Being purchased 361 30.2
    Rented 361 30.2
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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