Suburb Profile Report for Ropes Crossing NSW (2760)

Ropes Crossing House: Median price $630,000, Annual capital growth 4.44%, Number of sales 80, Weekly median advertised rent $490

Ropes Crossing Unit: Median price $550,000, Annual capital growth 4.71%, Number of sales 13, Weekly median advertised rent $456

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

With a capital gain of -6.67% for the last 12 months, Ropes Crossing, 2760 has performed for property investments than its average annual 4.44% property growth over the last 5 years.

The five-year average increase in median property values for Ropes Crossing,2760 has given property investors a potential capital gain of 22.33% across each of those five years.

Our latest figures would indicate that property sellers in Ropes Crossing are currently offering property investors an average price cut of -6.10% below the asking price at the moment.

Situated 42.16km from the CBD, Ropes Crossing is one of Blacktown (C) localities in the postcode 2760.

Investment property in Ropes Crossing has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.78%

With the median price for a house in Ropes Crossing being $550000 and the advertised rent reaching $456 the gross rental yield for property investors calculates out to be 4.31%

Metrics	HOUSE	UNIT
Median price	$630,000	$550,000
Quarterly growth	-1.56%	N/A
12-month growth	-6.67%	3.78%
Average Annual Growth	4.44%	4.71%
Weekly median advertised rent	$490	$456
Number of sales	80	13
Gross rental yield	4.04%	4.31%
Days on market	64.625	63.2727272727273

DSR Score for property investment : Above average (H), Balanced (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