Suburb Profile Report for Sussex Inlet NSW (2540)

Sussex Inlet House: Median price $490,000, Annual capital growth 5.89%, Number of sales 72, Weekly median advertised rent $350

  • 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

If you compare the increase in value of investment property in Sussex Inlet, 2540 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.97%.

When looking at the potential capital gains offered to property investors over the last 3 years, Sussex Inlet comes in at number 322th in NSW.

Property buyers and investors in Sussex Inlet 2540 should be seeing an average reduction in asking price of around -8.69% . This means that Sussex Inlet is holding prices well when compared to other suburbs in NSW.

In the last year 72 properties changed hands in Sussex Inlet, which puts it as the 333th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$490,000 N/A
-7.55% N/A
-2.97% N/A
5.89% N/A
$350 N/A
72 N/A
3.71% N/A
141.745098039216 N/A

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 : Below average (H), Below average (U)
Find a mortgage broker in Sussex Inlet NSW
Demographics
Total population 3570
Median household income ($/weekly) 598
Median age of persons 59
Median housing loan repayment ($/monthly) 1382
Average household size 2
  • Census Count Percent(%)
    5-14 years 304 8.5
    45-54 years 453 12.7
    55-64 years 627 17.6
    65-74 years 719 20.1
    75-84 years 477 13.4
    Others 991 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 1499 53.3
    Not Married 1123 40.0
    Defacto Relationship 188 6.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2942 86.3
    Greece 26 0.8
    Papua New Guinea 31 0.9
    United Kingdom 254 7.4
    Other 42 1.2
    Others 116 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.4
    Christianity 2707 82.0
    Islam 4 0.1
    Other Religious Groups 9 0.3
    No Religion 562 17.0
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 227 15.8
    $400-$599 355 24.7
    $600-$799 205 14.2
    $800-$999 189 13.1
    $1,000-$1,249 90 6.3
    Others 374 26.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1986 65.9
    Employed, worked full-time 487 16.2
    Employed, worked part-time 367 12.2
    Unemployed, looking for work 90 3.0
    Employed, away from work 85 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 125 13.3
    Technicians & trades workers 189 20.1
    Community & personal service workers 155 16.5
    Clerical & administrative workers 110 11.7
    Labourers 105 11.2
    Others 256 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 41 8.7
    Infants/Primary 190 40.3
    Secondary 166 35.2
    Technical or Further Educational Institution 45 9.5
    University or other Tertiary Institutions 22 4.7
    Others 8 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2880 88.0
    Flat, unit or apartment 155 4.7
    Semi-detached, row or terrace house, townhouse 153 4.7
    Caravan, cabin, houseboat 78 2.4
    House or flat attached to a shop, office 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 901 58.5
    Rented 341 22.1
    Being purchased 275 17.9
    Other tenure type 23 1.5
    Tenure Type
Census 2011, ABS
Chart Table