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Fishing Point, NSW 2283

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Fishing Point, NSW 2283 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Fishing Point, NSW 2283”

  1. The total adult population (15 years or older) of Fishing Point 2283 NSW is 957, with a median age of 51. Of those, 62.90% are married, 9.09% are divorced or separated, 21.32% are single and 6.90% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $7,956. The median monthly mortgage repayment for households in this suburb is $2,167 which is 27.24% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the region of NSW, the suburb of Fishing Point 2283 provides a scenic retreat with an estimated 521 households. As we head into Q3 of 2023, property investors and home buyers are keen to uncover the potential this area holds.

    Houses typically set the market back by $1,032,192, while landlord’s can expect a return of a decent median weekly rent around $475. This leads to an indicative yield of 2.39%, slightly under the threshold attractive to cashflow-focused property investors. However, one must remember a successful property investment doesn’t solely rely on yield alone.

    On the socio-economic front, Fishing Point fares quite well with an IRSAD score of 1034 out of 1217, indicating an affluent community with a healthy economic status. Adding to its appeal is the renter to owner ratio, which stands at a mere 14%. This demonstrates homeowner dominance in real estate, reducing competition for landlords and potentially leading to longer tenancy periods. A notable cornerstone is the 0% units-to-houses ratio, showing an absence of units, and hence less competition among landlords for tenants.

    A closer glance at the numbers tells us that the affordability index for houses is 51 years, a tad high, signalling lower affordability among the residents. However, the stock on the market for houses is quite favourable with a percentage of just 0.38%, indicating a relatively lower supply. This is further backed by a modest inventory level of 3 months, suggesting a balanced property market in terms of supply.

    Despite the absence of building approvals for houses, the average days-on-market stands at 111 days indicating subdued demand. Meanwhile, with a vacancy rate sitting at a comfortably low 1.39%, there are strong opportunities for rental income due to limited supply.

    Finally, the buy search index for houses is steady at 5, reflecting average demand, equivalent to the state/city norm. Although some metrics fall into an unfavourable range, a comprehensive assessment shows that Fishing Point holds numerous appealing attributes for property investors and buyers agents, especially when considering the favourable supply metrics and a significantly high IRSAD score.

    Further insights can be derived from the RCS (Relative Composite Score) metric developed by HtAG Analytics, incorporating these elements along with 80 other metrics, making property market analysis efficient and accessible. As the Australian property market trends evolve, staying abreast with the key metrics and vital signs of prime investment suburbs could unlock significant opportunities in the dynamic Housing Market of Australia.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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