Suburb Profile Report for Birrong NSW (2143)

Birrong House: Median price $830,000, Annual capital growth 8.99%, Number of sales 35, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Birrong has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.47% to date .

The five-year average increase in median property values for Birrong,2143 has given property investors a potential capital gain of 85.16% across each of those five years.

Property buyers and investors in Birrong 2143 should be seeing an average reduction in asking price of around -4.96% . This means that Birrong is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Birrong the average time real estate has been on the market is 88.75 days.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 8.99%, investors should hope to achieve an overall return of 3.13%

HOUSE UNIT
$830,000 N/A
1.22% N/A
2.47% N/A
8.99% N/A
$500 N/A
35 N/A
3.13% N/A
88.75 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Birrong NSW
Demographics
Total population 2953
Median household income ($/weekly) 1095
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 432 14.6
    25-34 years 327 11.1
    35-44 years 375 12.7
    45-54 years 471 15.9
    55-64 years 294 10.0
    Others 1054 35.7
    Age Group
    Census Count Percent(%)
    Not Married 1039 49.1
    Registered Married 1000 47.2
    Defacto Relationship 79 3.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1487 55.0
    Croatia 100 3.7
    Malaysia 97 3.6
    Viet Nam 464 17.2
    Other 172 6.4
    Others 383 14.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 530 20.0
    Christianity 1391 52.5
    Hinduism 19 0.7
    Islam 412 15.5
    No Religion 283 10.7
    Others 15 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 101 13.0
    $800-$999 72 9.2
    $1,000-$1,249 76 9.8
    $1,500-$1,999 108 13.9
    $2,000-$2,499 68 8.7
    Others 354 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 934 43.8
    Employed, worked full-time 732 34.3
    Employed, worked part-time 309 14.5
    Unemployed, looking for work 105 4.9
    Employed, away from work 54 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 193 17.6
    Technicians & trades workers 170 15.5
    Clerical & administrative workers 190 17.4
    Machinery operators & drivers 118 10.8
    Labourers 129 11.8
    Others 294 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 39 5.1
    Infants/Primary 250 32.6
    Secondary 234 30.5
    Technical or Further Educational Institution 75 9.8
    University or other Tertiary Institutions 150 19.6
    Others 19 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2357 86.1
    Semi-detached, row or terrace house, townhouse 326 11.9
    Flat, unit or apartment 54 2.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 396 46.7
    Being purchased 261 30.8
    Rented 188 22.2
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals