Castle Cove, NSW

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Livability Index
117.3
What's this?

Population: 2523

House Growth Prediction (per annual): 24%, 1448th out of 5061

Unit Growth Prediction (per annual): 17%, 949th out of 2987

Keywords: High Price, Valuable Market, Born Overseas, Diverse Language, Well Educated, Professional, Media, Finance, Real Estate, High Salary, Investment, High Rent, Valuable House

Basics

Castle Cove is a local community with population 2,523, and the population growth over the past decade is 8.19%. It has an average income $91,850.67 per annum. It has 68% of population who only speak English at home. Other top languages include Cantonese, Mandarin, Armenian, Japanese, Italian. Unemployment rate in Castle Cove is 3.8% while people work as professionals is 38.2%. Castle Cove has 0 Coles stores and 0 Woolworth stores. Its population density is 247.57 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Castle Cove has Socio-Economic raw score 1150.2 while the average score across Australia is 1000. Therefore, Castle Cove has advantage in terms of Socio-Economic measure. It obtains relative score 99 out of 100 across Australia, while relative score 98 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. Castle Cove has a livability index 116.4, which is higher than average 100 across Australia. It ranks 116th 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 16.1% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Castle Cove has a higher than average growth expectation. It ranks 5,977th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Castle Cove is predicted to grow by 7.7% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Castle Cove has a higher than average growth. It ranks 3,129th 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 NA the attractiveness of Castle Cove, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school contribute to the attractiveness of Castle Cove, which obtains score of 97.1 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Castle Cove has a NA than average score, which is NA out of 100. NA to primary school, secondary school has better than average score, which is 97.4 out of 100.

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Castle Cove, NSW smart rating was calculated by GeoIndex Australia.

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