Suburb Profile Report for Ropes Crossing NSW (2760)

Ropes Crossing House: Median price $714,500, Annual capital growth 5.89%, Number of sales 94, Weekly median advertised rent $520

Ropes Crossing Unit: Median price $445,000, Annual capital growth -0.44%, Number of sales 39, Weekly median advertised rent $430

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

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Ropes Crossing have tracked close to the NSW average of 12.10% over the last 12 months.

Ropes Crossing,2760 has offered an average of 11.64% return per annum in house price rises to property investors over the last three years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.65% offered to property buyers. Sellers in Ropes Crossing itself are offering an average vendor discount of -2.01% to real estate investors.

At number 260 in a list of fastest selling suburbs, Ropes Crossing is in the TOP 10% of suburbs in Australia with an average of days on market 32.7595 for properties listed there.

Ropes Crossing is in the bottom 10% in NSW when comparing median price capital growth over the last year. Ropes Crossing gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.87%.

Ropes Crossing,2760 was ranked 585 in Australia by increase in median property value over the quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.38% offered to property buyers. Sellers in Ropes Crossing itself are offering an average vendor discount of -1.50% to real estate investors.

At number 1366 in a list of fastest selling suburbs, Ropes Crossing is in the bottom 10% of suburbs in Australia with an average of days on market 108.111 for properties listed there.

With the median price for a house in Ropes Crossing being $445000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 5.02%

Metrics i HOUSE UNIT
$714,500 $445,000
2.07% 3.49%
11.64% -14.87%
5.89% -0.44%
$520 $430
94 39
3.78% 5.02%
32.7594936708861 108.111111111111

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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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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