Suburb Profile Report for Ropes Crossing NSW (2760)

Ropes Crossing House: Median price $679,000, Annual capital growth 5.94%, Number of sales 113, Weekly median advertised rent $500

Ropes Crossing Unit: Median price $529,990, Annual capital growth 3.52%, Number of sales 22, Weekly median advertised rent $447

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs
  • House Report
  • Unit Report

Ropes Crossing is in the bottom 40% in NSW when comparing median price capital growth over the last year. Ropes Crossing gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.24%.

Over the longer term, Ropes Crossing has seen property prices show investors a 16.57% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Ropes Crossing is $679000, with sellers offering an average of -7.01% off the asking price.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 5.94%.

With a capital gain of -1.85% for the last 12 months, Ropes Crossing, 2760 has performed for property investments than its average annual 3.52% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Ropes Crossing has given property investors a paper return of -1.85%. This puts Suburb as 442 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -2.29% to buyers in Ropes Crossing at the moment, which is less than average for the rest of NSW.

Advertised rents are around the $447 mark per week – giving a return of 4.39% based on the median price in Suburb

Metrics i HOUSE UNIT
$679,000 $529,990
-1.59% -1.85%
-1.24% -1.85%
5.94% 3.52%
$500 $447
113 22
3.83% 4.39%
70.91 16.66

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1477
Median household income ($/weekly) 1883
Median age of persons 30
Median housing loan repayment ($/monthly) 2600
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 162 11.0
    5-14 years 185 12.5
    25-34 years 376 25.4
    35-44 years 221 15.0
    45-54 years 140 9.5
    Others 394 26.7
    Age Group
    Census Count Percent(%)
    Registered Married 671 61.4
    Not Married 302 27.7
    Defacto Relationship 119 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 905 63.2
    Papua New Guinea 46 3.2
    Philippines 159 11.1
    United Kingdom 52 3.6
    Other 108 7.5
    Others 163 11.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 1.6
    Christianity 1063 75.6
    Hinduism 35 2.5
    Islam 92 6.5
    No Religion 178 12.7
    Others 15 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 38 7.9
    $1,500-$1,999 89 18.6
    $2,000-$2,499 97 20.3
    $2,500-$2,999 57 11.9
    $3,000-$3,499 41 8.6
    Others 156 32.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 614 55.4
    Not in the labour force 273 24.6
    Employed, worked part-time 140 12.6
    Employed, away from work 50 4.5
    Unemployed, looking for work 31 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 100 12.5
    Professionals 159 19.8
    Technicians & trades workers 91 11.3
    Community & personal service workers 91 11.3
    Clerical & administrative workers 154 19.2
    Others 207 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 22 7.1
    Infants/Primary 129 41.5
    Secondary 69 22.2
    Technical or Further Educational Institution 42 13.5
    University or other Tertiary Institutions 41 13.2
    Others 8 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1326 91.4
    Semi-detached, row or terrace house, townhouse 125 8.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 343 68.5
    Rented 74 14.8
    Fully owned 66 13.2
    Other tenure type 18 3.6
    Tenure Type
Census 2011, ABS
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