Suburb Profile Report for Ropes Crossing NSW (2760)

Ropes Crossing House: Median price $636,250, Annual capital growth 4.83%, Number of sales 76, Weekly median advertised rent $490

Ropes Crossing Unit: Median price $508,500, Annual capital growth 2.63%, Number of sales 24, Weekly median advertised rent $456

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

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

  • House Report
  • Unit Report

With a capital gain of -3.60% for the last 12 months, Ropes Crossing, 2760 has performed for property investments than its average annual 4.83% property growth over the last 5 years.

Comparing Ropes Crossing,2760 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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 Ropes Crossing, 2760. Typically our figures indicate that -4.99% is being offered, which puts this NSW suburb at 2285th most discounted overall in Australia.

At number 375 in a list of fastest selling suburbs, Ropes Crossing is in the TOP 20% of suburbs in Australia with an average of days on market 47.0678 for properties listed there.

Advertised rents are around the $490 mark per week – giving a return of 4.00% based on the median price in Suburb

Investment property in Ropes Crossing has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.05%

Over the longer term, Ropes Crossing has seen property prices show investors a -2.21% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -4.48% to buyers in Ropes Crossing at the moment, which is less than average for the rest of NSW.

Residents and property investors in Ropes Crossing have been waiting around 62.95 days to sell a property.

Using the current median advertised rental of $456 and the average annual increase in value of a median property of 2.63%, investors should hope to achieve an overall return of 4.66%

Metrics i HOUSE UNIT
$636,250 $508,500
0.99% -7.96%
-3.60% -4.05%
4.83% 2.63%
$490 $456
76 24
4.00% 4.66%
47.0677966101695 62.95

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

DSR Score for property investment : Good (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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