Suburb Profile Report for Werris Creek NSW (2341)

Werris Creek House: Median price $142,000, Annual capital growth 2.66%, Number of sales 31, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report

Werris Creek, 2341 ranked 466th in NSW when comparing growth in median property values or capital gain over the last 12 months. Werris Creek is one of 3163 in our list for NSW

The five-year average increase in median property values for Werris Creek,2341 has given property investors a potential capital gain of 7.58% across each of those five years.

Vendor discounting in Werris Creek is giving property investors an average Vendor Discount of around -10.79%. This puts suburb at number 36th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $215 and the average annual increase in value of a median property of 2.66%, investors should hope to achieve an overall return of 7.87%

Metrics i HOUSE UNIT
$142,000 N/A
1.43% N/A
12.25% N/A
2.66% N/A
$215 N/A
31 N/A
7.87% N/A
142.04 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1729
Median household income ($/weekly) 706
Median age of persons 45
Median housing loan repayment ($/monthly) 1114
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 203 11.7
    25-34 years 166 9.6
    45-54 years 243 14.1
    55-64 years 254 14.7
    65-74 years 220 12.7
    Others 643 37.2
    Age Group
    Census Count Percent(%)
    Not Married 584 45.4
    Registered Married 557 43.3
    Defacto Relationship 144 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1568 94.6
    Croatia 6 0.4
    Papua New Guinea 12 0.7
    United Kingdom 41 2.5
    Other 12 0.7
    Others 18 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1426 88.2
    No Religion 180 11.1
    Buddhism 4 0.2
    Other Religious Groups 4 0.2
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 104 16.2
    $400-$599 130 20.2
    $600-$799 90 14.0
    $800-$999 52 8.1
    $1,500-$1,999 59 9.2
    Others 207 32.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 727 53.3
    Employed, worked full-time 346 25.3
    Employed, worked part-time 179 13.1
    Unemployed, looking for work 61 4.5
    Employed, away from work 52 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 77 13.4
    Technicians & trades workers 66 11.5
    Clerical & administrative workers 60 10.4
    Machinery operators & drivers 106 18.4
    Labourers 95 16.5
    Others 171 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 36 10.7
    Infants/Primary 123 36.5
    Secondary 106 31.5
    Technical or Further Educational Institution 43 12.8
    University or other Tertiary Institutions 24 7.1
    Others 5 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1583 97.8
    Semi-detached, row or terrace house, townhouse 25 1.5
    Flat, unit or apartment 4 0.2
    Improvised home, tent, sleepers out 3 0.2
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 348 49.5
    Rented 187 26.6
    Being purchased 163 23.2
    Other tenure type 5 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals