Suburb Profile Report for Rutherford NSW (2320)

Rutherford House: Median price $345,000, Annual capital growth 3.12%, Number of sales 258, Weekly median advertised rent $350

Rutherford Unit: Median price $271,000, Annual capital growth 5.40%, Number of sales 23, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Rutherford, 2320 ranked 1222th in NSW when comparing growth in median property values or capital gain over the last 12 months. Rutherford is one of 3163 in our list for NSW

Across a shorter period, Rutherford, 2320 has seen a median price increase of 0.00% over the last quarter.

Vendor discounting in Rutherford is giving property investors an average Vendor Discount of around -4.69%. This puts suburb at number 761th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Rutherford the average time real estate has been on the market is 91.14 days.

The NSW suburb of Rutherford, 2320 is in the Maitland local government area.

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

Over the longer term, Rutherford has seen property prices show investors a -1.45% return over the last 3 years. This is worse than over the last 12 months

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 Rutherford, 2320. Typically our figures indicate that -4.81% is being offered, which puts this NSW suburb at 841th most discounted overall in Australia.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 5.40%, investors should hope to achieve an overall return of 5.76%

Metrics i HOUSE UNIT
$345,000 $271,000
0.00% 8.40%
-1.71% -14.58%
3.12% 5.40%
$350 $300
258 23
5.28% 5.76%
91.14 94.95

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Rutherford NSW
Demographics
Total population 10182
Median household income ($/weekly) 1163
Median age of persons 33
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1525 15.0
    25-34 years 1609 15.8
    35-44 years 1384 13.6
    45-54 years 1156 11.4
    55-64 years 1011 9.9
    Others 3497 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 3321 46.5
    Not Married 2954 41.3
    Defacto Relationship 872 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 9020 92.7
    Papua New Guinea 129 1.3
    South Africa 52 0.5
    United Kingdom 201 2.1
    Other 86 0.9
    Others 243 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 0.5
    Christianity 7811 82.5
    Islam 25 0.3
    Other Religious Groups 24 0.3
    No Religion 1534 16.2
    Others 26 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 309 9.3
    $400-$599 410 12.3
    $600-$799 314 9.5
    $1,500-$1,999 468 14.1
    $2,500-$2,999 296 8.9
    Others 1525 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2849 38.6
    Not in the labour force 2710 36.7
    Employed, worked part-time 1274 17.3
    Employed, away from work 275 3.7
    Unemployed, looking for work 272 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 489 11.1
    Technicians & trades workers 871 19.8
    Clerical & administrative workers 542 12.3
    Machinery operators & drivers 638 14.5
    Labourers 561 12.8
    Others 1290 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 242 10.2
    Infants/Primary 940 39.7
    Secondary 673 28.4
    Technical or Further Educational Institution 253 10.7
    University or other Tertiary Institutions 206 8.7
    Others 53 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9000 92.7
    Semi-detached, row or terrace house, townhouse 439 4.5
    Flat, unit or apartment 259 2.7
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1340 37.1
    Being purchased 1331 36.8
    Fully owned 929 25.7
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals