Ramsgate, NSW

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Livability Index
106
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Population: 904

House Growth Prediction (per annual): 33%, 142th out of 5061

Unit Growth Prediction (per annual): 26%, 46th out of 2987

Keywords: Small Area, Born Overseas, Diverse Language, High Salary, High Rent, Valuable House

Basics

Ramsgate is a local community with population 904, and the population growth over the past decade is -4.05%. It has an average income $54,855.67 per annum. It has 60.7% of population who only speak English at home. Other top languages include Greek, Arabic, Macedonian, Cantonese, Spanish. Unemployment rate in Ramsgate is 4.6% while people work as professionals is 21.2%. Ramsgate has 0 Coles stores and 0 Woolworth stores. Its population density is 210.9 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Ramsgate has Socio-Economic raw score 1028.6 while the average score across Australia is 1000. Therefore, Ramsgate has advantage in terms of Socio-Economic measure. It obtains relative score 67 out of 100 across Australia, while relative score 65 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. Ramsgate has a livability index 107.2, which is higher than average 100 across Australia. It ranks 1,168th 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 21.2% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Ramsgate has a higher than average growth expectation. It ranks 7,453th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Unlike house, unit/flat/apartment in Ramsgate is predicted to grow by 12.8% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Ramsgate has a lower than average growth. It ranks 4,088th out of 8,530 suburbs in Australia, which is predicted to be not attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Ramsgate, which obtains score of 94.2 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 Ramsgate, which obtains score of 93.8 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Ramsgate has a better than average score, which is 66.1 out of 100. Similar to to primary school, secondary school has better than average score, which is 73.7 out of 100.

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Ramsgate, NSW smart rating was calculated by GeoIndex Australia.

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