Suburb Profile Report for Heddon Greta NSW (2321)

Heddon Greta House: Median price $372,500, Annual capital growth 4.10%, Number of sales 42, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Heddon Greta, 2321 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.17%.

Taking the average capital gain, or increase in median house value, Heddon Greta,2321 has racked up an average of -7.17% over the period. This ranks it number 3455th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Heddon Greta itself are offering an average vendor discount of -3.80% to real estate investors.

The NSW suburb of Heddon Greta, 2321 is in the Cessnock local government area.

Metrics i HOUSE UNIT
$372,500 N/A
-6.29% N/A
-7.17% N/A
4.10% N/A
$375 N/A
42 N/A
5.23% N/A
78.44 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1711
Median household income ($/weekly) 1772
Median age of persons 35
Median housing loan repayment ($/monthly) 1776
Average household size 3
  • Census Count Percent(%)
    5-14 years 257 15.0
    25-34 years 233 13.6
    35-44 years 269 15.7
    45-54 years 261 15.3
    55-64 years 203 11.9
    Others 488 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 739 58.0
    Not Married 390 30.6
    Defacto Relationship 146 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1577 94.8
    Greece 14 0.8
    Papua New Guinea 8 0.5
    Thailand 5 0.3
    United Kingdom 46 2.8
    Others 13 0.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1381 85.1
    No Religion 232 14.3
    Buddhism 3 0.2
    Islam 3 0.2
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 42 8.1
    $1,500-$1,999 77 14.9
    $2,000-$2,499 73 14.1
    $2,500-$2,999 66 12.8
    $3,000-$3,499 50 9.7
    Others 209 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 575 44.5
    Not in the labour force 374 28.9
    Employed, worked part-time 251 19.4
    Employed, away from work 67 5.2
    Unemployed, looking for work 25 1.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 84 9.4
    Technicians & trades workers 202 22.5
    Clerical & administrative workers 125 14.0
    Machinery operators & drivers 164 18.3
    Labourers 81 9.0
    Others 240 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 50 10.8
    Infants/Primary 162 35.1
    Secondary 149 32.3
    Technical or Further Educational Institution 45 9.7
    University or other Tertiary Institutions 47 10.2
    Others 9 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1664 97.9
    Semi-detached, row or terrace house, townhouse 28 1.6
    Flat, unit or apartment 7 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 320 57.5
    Fully owned 168 30.2
    Rented 69 12.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals