Suburb Profile Report for Tuross Head NSW (2537)

Tuross Head House: Median price $500,000, Annual capital growth 4.73%, Number of sales 101, Weekly median advertised rent $850

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Giving property investors a a solid capital gain of 16.28% for the last year, Tuross Head, 2537 is the 561th highest performer in Australia in this respect.

Across a shorter period, Tuross Head, 2537 has seen a median price increase of 2.06% over the last quarter.

Property investors looking for a bargain in Tuross Head should be aiming for at least -2.85% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 101 properties changed hands in Tuross Head, which puts it as the 246th most active market in NSW when comparing the number of sales per suburb.

Tuross Head is 9th on a list of best yielding suburbs for rents in NSW with a 8.84% return

Metrics	HOUSE	UNIT
Median price	$500,000	N/A
Quarterly growth	2.06%	N/A
12-month growth	16.28%	N/A
Average Annual Growth	4.73%	N/A
Weekly median advertised rent	$850	N/A
Number of sales	101	N/A
Gross rental yield	8.84%	N/A
Days on market	96.5694444444444	N/A

DSR Score for property investment : Good (H), Balanced (U)

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Demographics

Total population	2149
Median household income ($/weekly)	744
Median age of persons	57
Median housing loan repayment ($/monthly)	1400
Average household size	2.1

Census	Count	Percent(%)
5-14 years	188	8.7
45-54 years	284	13.2
55-64 years	464	21.6
65-74 years	438	20.4
75-84 years	235	10.9
Others	540	25.1

Age Group

Census	Count	Percent(%)
Registered Married	945	55.9
Not Married	584	34.5
Defacto Relationship	163	9.6

Social Marital Status

Census	Count	Percent(%)
Australia	1720	82.3
Egypt	18	0.9
Papua New Guinea	32	1.5
United Kingdom	187	8.9
Other	36	1.7
Others	98	4.7

Country of Birth

Census	Count	Percent(%)
Christianity	1477	72.7
No Religion	535	26.3
Buddhism	16	0.8
Other Religious Groups	3	0.1
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	98	11.1
$400-$599	199	22.5
$600-$799	121	13.7
$800-$999	125	14.2
$1,500-$1,999	84	9.5
Others	256	29.0

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	1095	60.1
Employed, worked full-time	343	18.8
Employed, worked part-time	294	16.1
Unemployed, looking for work	52	2.9
Employed, away from work	38	2.1

Person Characteristics

Census	Count	Percent(%)
Managers	79	11.7
Professionals	116	17.2
Technicians & trades workers	129	19.1
Community & personal service workers	94	13.9
Clerical & administrative workers	88	13.0
Others	170	25.1

Occupation

Census	Count	Percent(%)
Pre-school	27	8.3
Infants/Primary	119	36.4
Secondary	105	32.1
Technical or Further Educational Institution	37	11.3
University or other Tertiary Institutions	24	7.3
Others	15	4.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1909	95.9
Flat, unit or apartment	50	2.5
Semi-detached, row or terrace house, townhouse	26	1.3
Caravan, cabin, houseboat	6	0.3
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0