Suburb Profile Report for Singleton NSW (2330)

Singleton House: Median price $300,000, Annual capital growth 0.69%, Number of sales 69, Weekly median advertised rent $340

Singleton Unit: Median price $216,000, Annual capital growth 4.90%, Number of sales 15, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Singleton, 2330 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.11%.

When looking at the potential capital gains offered to property investors over the last 3 years, Singleton comes in at number 1346th in NSW.

LACK OF BUYER INTEREST may well be the reason that Singleton is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 110th in terms of most discounted suburbs in NSW

With the median price for a house in Singleton being $300000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.89%

At number 989th in the list of Australian suburbs ordered by increase in median house value over the last year, Singleton, 2330 is in the BOTTOM 50% with a property value increase of 1.65% recorded in median house prices.

While Singleton,2330 ranked number 359th in NSW for increase in median house value (annualised) increase, it is ranked 488th over the last 5 years.

Vendor discounting in Singleton is giving property investors an average Vendor Discount of around -6.18%. This puts suburb at number 63th in NSW when ranking the most discounted suburbs.

Residents and property investors in Singleton have been waiting around 158.9 days to sell a property.

HOUSE UNIT
$300,000 $216,000
-5.96% -0.46%
-11.11% 1.65%
0.69% 4.90%
$340 $240
69 15
5.89% 5.78%
138.96 158.9

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 5509
Median household income ($/weekly) 1314
Median age of persons 38
Median housing loan repayment ($/monthly) 1842
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 707 12.8
    25-34 years 707 12.8
    35-44 years 719 13.0
    45-54 years 774 14.0
    55-64 years 569 10.3
    Others 2034 36.9
    Age Group
    Census Count Percent(%)
    Not Married 1799 44.7
    Registered Married 1760 43.7
    Defacto Relationship 464 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4799 91.4
    Papua New Guinea 130 2.5
    Philippines 22 0.4
    United Kingdom 127 2.4
    Other 39 0.7
    Others 132 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.6
    Christianity 4281 83.1
    Islam 8 0.2
    Other Religious Groups 14 0.3
    No Religion 808 15.7
    Others 13 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 166 8.8
    $400-$599 179 9.5
    $600-$799 160 8.5
    $1,500-$1,999 204 10.8
    $2,500-$2,999 242 12.8
    Others 936 49.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1734 40.7
    Not in the labour force 1558 36.6
    Employed, worked part-time 670 15.7
    Employed, away from work 166 3.9
    Unemployed, looking for work 129 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 337 13.1
    Technicians & trades workers 476 18.5
    Clerical & administrative workers 284 11.0
    Machinery operators & drivers 510 19.8
    Labourers 280 10.9
    Others 684 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 99 8.0
    Infants/Primary 439 35.6
    Secondary 403 32.7
    Technical or Further Educational Institution 176 14.3
    University or other Tertiary Institutions 87 7.1
    Others 29 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4527 88.0
    Flat, unit or apartment 349 6.8
    Semi-detached, row or terrace house, townhouse 226 4.4
    House or flat attached to a shop, office 38 0.7
    Improvised home, tent, sleepers out 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 711 34.7
    Fully owned 710 34.6
    Being purchased 621 30.3
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals