Suburb Profile Report for Mollymook Beach NSW (2539)

Mollymook Beach House: Median price $718,750, Annual capital growth 7.02%, Number of sales 77, Weekly median advertised rent $460

Mollymook Beach Unit: Median price $434,000, Annual capital growth 6.28%, Number of sales 10, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 8.12% which means that Mollymook Beach, 2539 has done well for property investors by showing a capital gain of 14.82% over the last year

If we look at median property appreciation over just the last three months, Mollymook Beach has given property investors a paper return of -0.52%. This puts Suburb as 928 on a list of fastest fasting appreciating suburbs 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 Mollymook Beach, 2539. Typically our figures indicate that -5.81% is being offered, which puts this NSW suburb at 1668th most discounted overall in Australia.

In the last year 77 properties changed hands in Mollymook Beach, which puts it as the 393th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Mollymook Beach being $718750 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.33%

Mollymook Beach has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.44% to date .

Across a shorter period, Mollymook Beach, 2539 has seen a median price increase of -1.14% over the last quarter.

In the last year 10 properties changed hands in Mollymook Beach, which puts it as the 594th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $600 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$718,750 $434,000
-0.52% -1.14%
14.82% 12.44%
7.02% 6.28%
$460 $600
77 10
3.33% 7.19%
80 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2060
Median household income ($/weekly) 767
Median age of persons 54
Median housing loan repayment ($/monthly) 1365
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 185 9.0
    45-54 years 265 12.9
    55-64 years 344 16.7
    65-74 years 342 16.6
    75-84 years 232 11.3
    Others 693 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 869 54.6
    Not Married 607 38.2
    Defacto Relationship 115 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1641 84.2
    Greece 13 0.7
    Papua New Guinea 28 1.4
    United Kingdom 145 7.4
    Other 31 1.6
    Others 90 4.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1416 74.5
    No Religion 449 23.6
    Buddhism 25 1.3
    Other Religious Groups 8 0.4
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 83 10.3
    $400-$599 162 20.2
    $600-$799 122 15.2
    $800-$999 115 14.3
    $1,000-$1,249 79 9.8
    Others 242 30.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 911 54.1
    Employed, worked full-time 355 21.1
    Employed, worked part-time 300 17.8
    Unemployed, looking for work 69 4.1
    Employed, away from work 49 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 82 11.6
    Professionals 151 21.4
    Technicians & trades workers 106 15.0
    Community & personal service workers 96 13.6
    Clerical & administrative workers 82 11.6
    Others 189 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 38 11.0
    Infants/Primary 94 27.2
    Secondary 112 32.4
    Technical or Further Educational Institution 42 12.1
    University or other Tertiary Institutions 44 12.7
    Others 16 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1751 92.6
    Semi-detached, row or terrace house, townhouse 78 4.1
    Flat, unit or apartment 61 3.2
    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 476 54.2
    Rented 219 24.9
    Being purchased 179 20.4
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
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