Suburb Profile Report for Werris Creek NSW (2341)

Werris Creek House: Median price $157,500, Annual capital growth 4.12%, Number of sales 32, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 9.74% which means that Werris Creek, 2341 has done well for property investors by showing a capital gain of 28.57% over the last year

The five-year average increase in median property values for Werris Creek,2341 has given property investors a potential capital gain of 20.23% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Werris Creek is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 45th in terms of most discounted suburbs in NSW

In the last year 32 properties changed hands in Werris Creek, which puts it as the 926th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $215 and the average annual increase in value of a median property of 4.12%, investors should hope to achieve an overall return of 7.10%

Metrics i HOUSE UNIT
$157,500 N/A
12.50% N/A
28.57% N/A
4.12% N/A
$215 N/A
32 N/A
7.10% N/A
123.37 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (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
Chart Table
Recent sales & rentals