Suburb Profile Report for Magenta NSW (2261)

Magenta House: Median price $830,000, Annual capital growth -0.08%, Number of sales 13, Weekly median advertised rent N/A

Magenta Unit: Median price $525,000, Annual capital growth 0.48%, Number of sales 17, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 0.00% for the last 12 months, Magenta, 2261 has performed for property investments than its average annual -0.08% property growth over the last 5 years.

Property value increases in Magenta have tracked just lower than the NSW average of 5.73% over the last 12 months.

While Magenta,2261 ranked number 457th in NSW for increase in median house value (annualised) increase, it is ranked 452th over the last 5 years.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 0.48%.

HOUSE UNIT
$830,000 $525,000
N/A -1.59%
0.00% -0.19%
-0.08% 0.48%
N/A $420
13 17
N/A 4.16%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Above average (U)
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Demographics
Total population 89
Median household income ($/weekly) 2083
Median age of persons 51
Median housing loan repayment ($/monthly) 5200
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 14 15.7
    25-34 years 11 12.4
    35-44 years 17 19.1
    55-64 years 21 23.6
    65-74 years 14 15.7
    Others 12 13.5
    Age Group
    Census Count Percent(%)
    Registered Married 38 74.5
    Not Married 10 19.6
    Defacto Relationship 3 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 60 71.4
    Japan 3 3.6
    South Africa 6 7.1
    United Kingdom 8 9.5
    Other 4 4.8
    Others 3 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 66 79.5
    No Religion 17 20.5
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 3 11.5
    $800-$999 3 11.5
    $1,500-$1,999 7 26.9
    $2,000-$2,499 3 11.5
    $2,500-$2,999 7 26.9
    Others 3 11.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 27 45.8
    Employed, worked full-time 22 37.3
    Employed, worked part-time 10 16.9
    Employed, away from work 0 0.0
    Unemployed, looking for work 0 0.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 12 41.4
    Professionals 8 27.6
    Sales 6 20.7
    Clerical & administrative workers 3 10.3
    Technicians & trades workers 0 0.0
    Others 0 0.0
    Occupation
    Census Count Percent(%)
    Pre-school 6 40.0
    Technical or Further Educational Institution 6 40.0
    Infants/Primary 3 20.0
    Secondary 0 0.0
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 74 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 15 48.4
    Fully owned 10 32.3
    Being purchased 6 19.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals