Suburb Profile Report for Surf Beach NSW (2536)

Surf Beach House: Median price $420,000, Annual capital growth 3.06%, Number of sales 65, Weekly median advertised rent $390

Surf Beach Unit: Median price $290,000, Annual capital growth 2.61%, Number of sales 30, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Surf Beach have tracked close to the NSW average of 10.96% over the last 12 months.

A 30.43% growth in median value for property investors in Surf Beach,2536 puts this suburb at number 779th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Surf Beach should be aiming for at least -3.20% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 65 properties changed hands in Surf Beach, which puts it as the 499th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $390 mark per week – giving a return of 4.83% based on the median price in Suburb

Investment property in Surf Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.42%

If we look at median property appreciation over just the last three months, Surf Beach has given property investors a paper return of 5.45%. This puts Suburb as 82 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in Surf Beach is giving property investors an average Vendor Discount of around -2.38%. This puts suburb at number 432th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $292.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$420,000 $290,000
1.20% 5.45%
9.09% 6.42%
3.06% 2.61%
$390 $293
65 30
4.83% 5.24%
80.48 106

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2042
Median household income ($/weekly) 745
Median age of persons 49
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 232 11.4
    35-44 years 200 9.8
    45-54 years 250 12.2
    55-64 years 340 16.6
    65-74 years 317 15.5
    Others 704 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 713 51.9
    Not Married 538 39.2
    Defacto Relationship 122 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1482 84.6
    New Zealand 15 0.9
    Papua New Guinea 22 1.3
    United Kingdom 109 6.2
    Other 41 2.3
    Others 82 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1306 77.8
    No Religion 354 21.1
    Buddhism 10 0.6
    Other Religious Groups 8 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 74 10.9
    $400-$599 140 20.6
    $600-$799 124 18.3
    $800-$999 78 11.5
    $1,000-$1,249 65 9.6
    Others 198 29.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 740 51.0
    Employed, worked full-time 314 21.6
    Employed, worked part-time 280 19.3
    Unemployed, looking for work 66 4.5
    Employed, away from work 51 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 75 11.6
    Professionals 106 16.4
    Technicians & trades workers 98 15.2
    Clerical & administrative workers 80 12.4
    Sales 97 15.0
    Others 190 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 25 7.6
    Infants/Primary 144 43.5
    Secondary 90 27.2
    Technical or Further Educational Institution 38 11.5
    University or other Tertiary Institutions 23 6.9
    Others 11 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1345 78.0
    Flat, unit or apartment 209 12.1
    Semi-detached, row or terrace house, townhouse 168 9.7
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 335 45.0
    Rented 236 31.7
    Being purchased 171 23.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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