Suburb Profile Report for Redhead NSW (2290)

Redhead House: Median price $831,000, Annual capital growth 5.89%, Number of sales 40, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report

Investment property in Redhead has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.54%

Redhead,2290 was ranked 1363 in Australia by increase in median property value over the quarter.

Redhead, 2290 is offering NSW ‘s 187th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.

Residents and property investors in Redhead have been waiting around 54 days to sell a property.

Redhead, 2290’s gross rental yield is 3.00%

Metrics i HOUSE UNIT
$831,000 N/A
2.59% N/A
6.54% N/A
5.89% N/A
$480 N/A
40 N/A
3.00% N/A
54 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 3453
Median household income ($/weekly) 1032
Median age of persons 45
Median housing loan repayment ($/monthly) 2080
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 421 12.2
    35-44 years 463 13.4
    45-54 years 525 15.2
    55-64 years 439 12.7
    65-74 years 377 10.9
    Others 1228 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 1435 54.9
    Not Married 1004 38.4
    Defacto Relationship 173 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3000 89.2
    Greece 18 0.5
    Papua New Guinea 33 1.0
    United Kingdom 146 4.3
    Other 42 1.2
    Others 126 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 39 1.2
    Christianity 2530 78.3
    Hinduism 6 0.2
    Islam 8 0.2
    No Religion 644 19.9
    Others 5 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 127 10.6
    $400-$599 200 16.8
    $600-$799 104 8.7
    $1,500-$1,999 109 9.1
    $2,500-$2,999 101 8.5
    Others 552 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1102 40.3
    Employed, worked full-time 904 33.0
    Employed, worked part-time 570 20.8
    Employed, away from work 102 3.7
    Unemployed, looking for work 59 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 367 23.2
    Technicians & trades workers 238 15.1
    Community & personal service workers 170 10.8
    Clerical & administrative workers 236 14.9
    Sales 172 10.9
    Others 397 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 75 9.1
    Infants/Primary 288 34.9
    Secondary 241 29.2
    Technical or Further Educational Institution 67 8.1
    University or other Tertiary Institutions 140 16.9
    Others 15 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2950 90.4
    Caravan, cabin, houseboat 127 3.9
    Semi-detached, row or terrace house, townhouse 109 3.3
    Flat, unit or apartment 74 2.3
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 674 51.8
    Being purchased 405 31.1
    Rented 201 15.4
    Other tenure type 22 1.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals