Suburb Profile Report for Prairiewood NSW (2176)

Prairiewood House: Median price $817,000, Annual capital growth 8.14%, Number of sales 28, Weekly median advertised rent $515

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

Source: CoreLogic

  • House Report

At number 1300th in the list of Australian suburbs ordered by increase in median house value over the last year, Prairiewood, 2176 is in the top 40% with a property value increase of 8.57% recorded in median house prices.

A 62.91% growth in median value for property investors in Prairiewood,2176 puts this suburb at number 248th in terms of best performing suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Prairiewood, 2176. Typically our figures indicate that -4.93% is being offered, which puts this NSW suburb at 2625th most discounted overall in Australia.

Advertised rents are around the $515 mark per week – giving a return of 3.28% based on the median price in Suburb

HOUSE UNIT
$817,000 N/A
6.10% N/A
8.57% N/A
8.14% N/A
$515 N/A
28 N/A
3.28% N/A
86.91 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Prairiewood NSW
Demographics
Total population 3008
Median household income ($/weekly) 1292
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 360 12.0
    25-34 years 379 12.6
    35-44 years 359 11.9
    45-54 years 393 13.1
    55-64 years 432 14.4
    Others 1086 36.1
    Age Group
    Census Count Percent(%)
    Registered Married 1279 53.6
    Not Married 1044 43.8
    Defacto Relationship 62 2.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1387 47.6
    Ireland 304 10.4
    Japan 132 4.5
    Viet Nam 185 6.3
    Other 354 12.1
    Others 553 19.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 362 12.5
    Christianity 2242 77.4
    Hinduism 20 0.7
    Islam 97 3.3
    No Religion 166 5.7
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 92 11.6
    $600-$799 66 8.3
    $1,250-$1,499 69 8.7
    $1,500-$1,999 109 13.7
    $2,000-$2,499 86 10.8
    Others 374 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1118 46.9
    Employed, worked full-time 763 32.0
    Employed, worked part-time 296 12.4
    Unemployed, looking for work 110 4.6
    Employed, away from work 97 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 184 15.9
    Technicians & trades workers 180 15.5
    Clerical & administrative workers 204 17.6
    Sales 119 10.3
    Labourers 129 11.1
    Others 344 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 45 6.6
    Infants/Primary 209 30.5
    Secondary 229 33.4
    Technical or Further Educational Institution 67 9.8
    University or other Tertiary Institutions 114 16.6
    Others 22 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2480 83.8
    Semi-detached, row or terrace house, townhouse 451 15.2
    Flat, unit or apartment 29 1.0
    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 372 41.7
    Being purchased 277 31.1
    Rented 236 26.5
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals