Suburb Profile Report for Cartwright NSW (2168)

Cartwright House: Median price $655,000, Annual capital growth 11.54%, Number of sales 42, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Cartwright, 2168 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.91%.

While Cartwright,2168 ranked number 181th in NSW for increase in median house value (annualised) increase, it is ranked 15th over the last 5 years.

Our latest figures would indicate that property sellers in Cartwright are currently offering property investors an average price cut of -10.69% below the asking price at the moment.

Often selling an investment property can take time, and in Cartwright the average time real estate has been on the market is 86.73 days.

A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 11.54%.

Metrics i HOUSE UNIT
$655,000 N/A
8.26% N/A
14.91% N/A
11.54% N/A
$410 N/A
42 N/A
3.25% N/A
86.73 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 2256
Median household income ($/weekly) 609
Median age of persons 37
Median housing loan repayment ($/monthly) 1600
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 328 14.5
    25-34 years 277 12.3
    35-44 years 290 12.9
    45-54 years 342 15.2
    55-64 years 231 10.2
    Others 788 34.9
    Age Group
    Census Count Percent(%)
    Not Married 958 58.7
    Registered Married 617 37.8
    Defacto Relationship 57 3.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1257 61.2
    Malaysia 67 3.3
    United Kingdom 49 2.4
    Viet Nam 134 6.5
    Other 191 9.3
    Others 357 17.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 200 9.7
    Christianity 1310 63.8
    Islam 298 14.5
    Other Religious Groups 40 1.9
    No Religion 189 9.2
    Others 15 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 83 11.5
    $300-$399 114 15.8
    $400-$599 101 14.0
    $600-$799 97 13.5
    $800-$999 60 8.3
    Others 266 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 925 56.9
    Employed, worked full-time 366 22.5
    Employed, worked part-time 171 10.5
    Unemployed, looking for work 105 6.5
    Employed, away from work 58 3.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 85 14.2
    Community & personal service workers 61 10.2
    Clerical & administrative workers 91 15.2
    Machinery operators & drivers 96 16.1
    Labourers 111 18.6
    Others 154 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.9
    Infants/Primary 180 37.5
    Secondary 154 32.1
    Technical or Further Educational Institution 62 12.9
    University or other Tertiary Institutions 45 9.4
    Others 6 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1712 80.0
    Flat, unit or apartment 362 16.9
    Semi-detached, row or terrace house, townhouse 65 3.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 433 54.1
    Being purchased 213 26.6
    Fully owned 155 19.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals