Suburb Profile Report for Ourimbah NSW (2258)

Ourimbah House: Median price $685,000, Annual capital growth 7.20%, Number of sales 51, Weekly median advertised rent $430

Ourimbah Unit: Median price $412,000, Annual capital growth 5.16%, Number of sales 21, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 29.25% for the last year, Ourimbah, 2258 is the 106th highest performer in Australia in this respect.

The five-year average increase in median property values for Ourimbah,2258 has given property investors a potential capital gain of 75.64% across each of those five years.

Ourimbah2258 is located in NSW which offers an average discount of -5.49% to property investors. Ourimbah itself is showing figures that indicate -4.74% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Ourimbah have been waiting around 58.31 days to sell a property.

With the median price for a house in Ourimbah being $685000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.26%

NSW has seen average median house prices change by 5.88% which means that Ourimbah, 2258 has done well for property investors by showing a capital gain of 16.06% over the last year

Across a shorter period, Ourimbah, 2258 has seen a median price increase of 1.10% over the last quarter.

Ourimbah2258 is located in NSW which offers an average discount of -4.41% to property investors. Ourimbah itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$685,000 $412,000
8.73% 1.10%
29.25% 16.06%
7.20% 5.16%
$430 $360
51 21
3.26% 4.54%
58.31 16.23

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4161
Median household income ($/weekly) 1341
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 609 14.6
    25-34 years 488 11.7
    35-44 years 586 14.1
    45-54 years 664 16.0
    55-64 years 468 11.2
    Others 1347 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 1508 50.0
    Not Married 1220 40.5
    Defacto Relationship 288 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3434 85.9
    New Zealand 16 0.4
    Papua New Guinea 95 2.4
    United Kingdom 219 5.5
    Other 64 1.6
    Others 169 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 1.0
    Christianity 2832 73.2
    Hinduism 17 0.4
    Islam 20 0.5
    No Religion 944 24.4
    Others 14 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 120 9.4
    $1,000-$1,249 133 10.4
    $1,500-$1,999 167 13.1
    $2,000-$2,499 150 11.8
    $2,500-$2,999 126 9.9
    Others 580 45.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1229 39.4
    Not in the labour force 901 28.9
    Employed, worked part-time 726 23.3
    Employed, away from work 135 4.3
    Unemployed, looking for work 128 4.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 253 12.1
    Professionals 413 19.8
    Technicians & trades workers 320 15.3
    Community & personal service workers 213 10.2
    Clerical & administrative workers 328 15.7
    Others 561 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 108 8.9
    Infants/Primary 400 33.1
    Secondary 335 27.7
    Technical or Further Educational Institution 110 9.1
    University or other Tertiary Institutions 233 19.3
    Others 23 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3247 82.1
    Semi-detached, row or terrace house, townhouse 690 17.4
    Flat, unit or apartment 12 0.3
    Caravan, cabin, houseboat 5 0.1
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 662 47.4
    Fully owned 383 27.4
    Rented 348 24.9
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals