Suburb Profile Report for Scone NSW (2337)

Scone House: Median price $330,000, Annual capital growth 2.10%, Number of sales 109, Weekly median advertised rent $300

Scone Unit: Median price $152,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $250

  • 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 Scone, 2337 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -4.35%.

Comparing Scone,2337 ‘s 5year and quarterly average capital gain offered to property investors, it performed the same across the longer period

Property buyers and investors in Scone 2337 should be seeing an average reduction in asking price of around -9.85% . This means that Scone is holding prices well when compared to other suburbs in NSW.

Situated 202.46km from the CBD, Scone is one of Upper Hunter Shire localities in the postcode 2337.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Scone has fallen somewhat when compared to the 5 year average annual rate.

The NSW suburb of Scone, 2337 is in the Upper Hunter Shire local government area.

HOUSE UNIT
$330,000 $152,000
4.10% 4.11%
-4.35% N/A
2.10% N/A
$300 $250
109 12
4.73% 8.55%
134.32 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 5477
Median household income ($/weekly) 1109
Median age of persons 37
Median housing loan repayment ($/monthly) 1752
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 774 14.1
    25-34 years 662 12.1
    35-44 years 708 12.9
    45-54 years 695 12.7
    55-64 years 608 11.1
    Others 2030 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 1891 49.2
    Not Married 1505 39.2
    Defacto Relationship 445 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4859 92.9
    Croatia 20 0.4
    Papua New Guinea 77 1.5
    United Kingdom 86 1.6
    Other 82 1.6
    Others 105 2.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 0.7
    Christianity 4224 83.4
    Hinduism 9 0.2
    Other Religious Groups 10 0.2
    No Religion 773 15.3
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 194 10.4
    $400-$599 199 10.7
    $600-$799 226 12.1
    $1,500-$1,999 228 12.2
    $2,500-$2,999 174 9.3
    Others 844 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1669 40.7
    Not in the labour force 1471 35.9
    Employed, worked part-time 713 17.4
    Employed, away from work 153 3.7
    Unemployed, looking for work 92 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 361 14.2
    Technicians & trades workers 458 18.1
    Clerical & administrative workers 264 10.4
    Machinery operators & drivers 337 13.3
    Labourers 363 14.3
    Others 753 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 113 9.2
    Infants/Primary 488 39.7
    Secondary 396 32.2
    Technical or Further Educational Institution 139 11.3
    University or other Tertiary Institutions 69 5.6
    Others 24 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4646 91.1
    Semi-detached, row or terrace house, townhouse 139 2.7
    Flat, unit or apartment 271 5.3
    Caravan, cabin, houseboat 36 0.7
    House or flat attached to a shop, office 6 0.1
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 683 33.4
    Rented 677 33.2
    Fully owned 670 32.8
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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