Suburb Profile Report for Norah Head NSW (2263)

Norah Head House: Median price $820,000, Annual capital growth 7.35%, Number of sales 22, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 6.87% which means that Norah Head, 2263 has done well for property investors by showing a capital gain of 18.84% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Norah Head comes in at number 201th in NSW.

Property buyers and investors in Norah Head 2263 should be seeing an average reduction in asking price of around -2.57% . This means that Norah Head is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

HOUSE UNIT
$820,000 N/A
18.84% N/A
18.84% N/A
7.35% N/A
$450 N/A
22 N/A
2.85% N/A
108.63 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1087
Median household income ($/weekly) 1062
Median age of persons 49
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    25-34 years 99 9.1
    35-44 years 94 8.6
    45-54 years 189 17.4
    55-64 years 183 16.8
    65-74 years 101 9.3
    Others 421 38.7
    Age Group
    Census Count Percent(%)
    Registered Married 459 56.5
    Not Married 307 37.8
    Defacto Relationship 46 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 945 90.1
    Papua New Guinea 9 0.9
    United Kingdom 48 4.6
    United States of America 7 0.7
    Other 7 0.7
    Others 33 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 812 80.9
    No Religion 189 18.8
    Buddhism 3 0.3
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 47 13.9
    $600-$799 36 10.7
    $800-$999 30 8.9
    $1,500-$1,999 39 11.6
    $2,000-$2,499 29 8.6
    Others 156 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 411 45.5
    Employed, worked full-time 260 28.8
    Employed, worked part-time 158 17.5
    Employed, away from work 45 5.0
    Unemployed, looking for work 29 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 55 11.8
    Professionals 98 21.1
    Technicians & trades workers 75 16.1
    Clerical & administrative workers 57 12.3
    Sales 56 12.0
    Others 124 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 14 7.3
    Infants/Primary 46 24.0
    Secondary 70 36.5
    Technical or Further Educational Institution 23 12.0
    University or other Tertiary Institutions 29 15.1
    Others 10 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 900 92.6
    Semi-detached, row or terrace house, townhouse 22 2.3
    Caravan, cabin, houseboat 22 2.3
    House or flat attached to a shop, office 16 1.6
    Flat, unit or apartment 12 1.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 190 50.4
    Being purchased 102 27.1
    Rented 79 21.0
    Other tenure type 6 1.6
    Tenure Type
Census 2011, ABS
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