Suburb Profile Report for Ropes Crossing NSW (2760)

Ropes Crossing House: Median price $700,000, Annual capital growth 5.70%, Number of sales 81, Weekly median advertised rent $500

Ropes Crossing Unit: Median price $435,000, Annual capital growth -0.25%, Number of sales 39, Weekly median advertised rent $415

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

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

  • House Report
  • Unit Report

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 10.72%

Taking the average capital gain, or increase in median house value, Ropes Crossing,2760 has racked up an average of 10.72% over the period. This ranks it number 2608th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Ropes Crossing is offering property investors an average of -4.76. This rate of discount on properties puts Suburb at number 763th in terms of most discounted suburbs in NSW

In the last year 81 properties changed hands in Ropes Crossing, which puts it as the 392th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 5.70%, investors should hope to achieve an overall return of 3.71%

Ropes Crossing has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -15.62% to date .

Ropes Crossing,2760 has offered an average of -15.62% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Ropes Crossing are currently offering property investors an average price cut of -1.81% below the asking price at the moment.

Residents and property investors in Ropes Crossing have been waiting around 107.519 days to sell a property.

Ropes Crossing is 35th on a list of best yielding suburbs for rents in NSW with a 4.96% return

Metrics i HOUSE UNIT
$700,000 $435,000
1.41% -1.14%
10.72% -15.62%
5.70% -0.25%
$500 $415
81 39
3.71% 4.96%
32.6 107.518518518519

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

DSR Score for property investment : Above average (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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