Suburb Profile Report for Minto NSW (2566)

Minto House: Median price $590,000, Annual capital growth 8.13%, Number of sales 83, Weekly median advertised rent $420

Minto Unit: Median price $430,000, Annual capital growth 7.66%, Number of sales 21, 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.

  • Expert Report
  • House Report
  • Unit Report

Property value increases in Minto have tracked just lower than the NSW average of -4.21% over the last 12 months.

Minto,2566 has offered an average of -9.92% return per annum in house price rises to property investors over the last three years.

Minto2566 is located in NSW which offers an average discount of -7.38% to property investors. Minto itself is showing figures that indicate -8.76% is the average achievable by property buyers investing in the suburb.

At number 877 in a list of fastest selling suburbs, Minto is in the TOP 30% of suburbs in Australia with an average of days on market 61.5571 for properties listed there.

Property investors who have had real estate in Minto, 2566 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.52%

Over the longer term, Minto has seen property prices show investors a 5.39% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Minto is $430000, with sellers offering an average of -10.38% off the asking price.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.23%, without taking into account capital value appreciation, which has been averaging out at 7.66%.

Information supplied by:


April 2019

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Supply drops

Postcode: 2566

Median house price: $637,750

Stock on market: -23.3%

12-month growth: -3.4%

Named for the Earl of Minto back in 1882, the Sydney suburb of Minto is known for being the birthplace of quite a few known Rugby league players.

The sports minded will certainly enjoy Minto’s facilities, which include the Minto Indoor Sports Centre. Local basketball and netball teams have played here, with the Macarthur Heat team of NSW’s State Basketball League claiming the sports centre as its home court. The local rugby team plays at the Townson Oval.

After some controversy regarding its maintenance, Minto Mall was sold and eventually refurbished into Minto Marketplace. This new shopping centre contains a Woolworths, Kmart and other retail shops.

Following a positive growth period from 2014-2017, house prices began to slip over January 2018-2019. The number of houses also fell from 58 to 42 in March 2018-2019.

Metrics i HOUSE UNIT
$590,000 $430,000
-0.84% -2.27%
-9.92% -6.52%
8.13% 7.66%
$420 $350
83 21
3.70% 4.23%
61.5571428571429 80.8235294117647

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 : Above average (H), Balanced (U)
Find a mortgage broker in Minto NSW
Demographics
Total population 10306
Median household income ($/weekly) 1152
Median age of persons 33
Median housing loan repayment ($/monthly) 1738
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1552 15.1
    25-34 years 1454 14.1
    35-44 years 1395 13.5
    45-54 years 1503 14.6
    55-64 years 1190 11.5
    Others 3213 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 3619 49.4
    Not Married 3281 44.7
    Defacto Relationship 433 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5775 59.9
    Former Yugoslav Republic of Macedonia 375 3.9
    Papua New Guinea 369 3.8
    Philippines 310 3.2
    Other 1502 15.6
    Others 1315 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 352 3.7
    Christianity 6007 62.9
    Hinduism 632 6.6
    Islam 1450 15.2
    No Religion 1012 10.6
    Others 100 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 295 10.5
    $1,000-$1,249 319 11.3
    $1,250-$1,499 275 9.8
    $1,500-$1,999 406 14.4
    $2,000-$2,499 279 9.9
    Others 1244 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2925 39.4
    Not in the labour force 2822 38.0
    Employed, worked part-time 1020 13.7
    Unemployed, looking for work 374 5.0
    Employed, away from work 281 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 536 12.7
    Technicians & trades workers 593 14.0
    Clerical & administrative workers 702 16.6
    Machinery operators & drivers 652 15.4
    Labourers 559 13.2
    Others 1181 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 172 6.6
    Infants/Primary 899 34.7
    Secondary 806 31.1
    Technical or Further Educational Institution 296 11.4
    University or other Tertiary Institutions 336 13.0
    Others 81 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8099 83.4
    Semi-detached, row or terrace house, townhouse 863 8.9
    Flat, unit or apartment 426 4.4
    House or flat attached to a shop, office 317 3.3
    Improvised home, tent, sleepers out 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1364 44.0
    Rented 1089 35.1
    Fully owned 637 20.5
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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