Avoca Beach, NSW

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Livability Index
106.5
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Population: 4319

House Growth Prediction (per annual): 30%, 361th out of 5061

Unit Growth Prediction (per annual): 23%, 202th out of 2987

Keywords: Active Market, Valuable Market, Well Educated, Professional, Volunteer, Healthcare, High Rent, Valuable House

Basics

Avoca Beach is a local community with population 4,319, and the population growth over the past decade is 18.8%. It has an average income $47,590 per annum. It has 92.1% of population who only speak English at home. Other top languages include German, French, Afrikaans, Japanese, Russian. Unemployment rate in Avoca Beach is 4.7% while people work as professionals is 28.7%. Avoca Beach has 0 Coles stores and 2 Woolworth stores. Its population density is 700.55 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Avoca Beach has Socio-Economic raw score 1082.2 while the average score across Australia is 1000. Therefore, Avoca Beach has advantage in terms of Socio-Economic measure. It obtains relative score 88 out of 100 across Australia, while relative score 85 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Avoca Beach has a livability index 105.9, which is higher than average 100 across Australia. It ranks 1,424th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 17.8% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Avoca Beach has a higher than average growth expectation. It ranks 6,787th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Avoca Beach is predicted to grow by 9.4% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Avoca Beach has a higher than average growth. It ranks 3,748th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Avoca Beach, which obtains score of 98.2 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Avoca Beach, which obtains score of 88.2 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Avoca Beach has a worse than average score, which is 45.3 out of 100. Unlike to primary school, secondary school has better than average score, which is 62.6 out of 100.

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Avoca Beach, NSW smart rating was calculated by GeoIndex Australia.

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