Suburb Profile Report for Quirindi NSW (2343)

Quirindi House: Median price $243,500, Annual capital growth 7.01%, Number of sales 39, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Property value increases in Quirindi have tracked higher than the NSW average of 7.28% over the last 12 months.

Over the longer term, Quirindi has seen property prices show investors a 8.71% return over the last 3 years. This is an improvement over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Quirindi itself are offering an average vendor discount of -6.32% to real estate investors.

In the last year 39 properties changed hands in Quirindi, which puts it as the 814th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $250 and the average annual increase in value of a median property of 7.01%, investors should hope to achieve an overall return of 5.34%

Metrics i HOUSE UNIT
$243,500 N/A
3.62% N/A
28.16% N/A
7.01% N/A
$250 N/A
39 N/A
5.34% N/A
106.21 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 3524
Median household income ($/weekly) 845
Median age of persons 43
Median housing loan repayment ($/monthly) 1242
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 486 13.8
    35-44 years 420 11.9
    45-54 years 458 13.0
    55-64 years 454 12.9
    65-74 years 411 11.7
    Others 1295 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 1295 51.4
    Not Married 994 39.4
    Defacto Relationship 232 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3166 94.7
    Papua New Guinea 41 1.2
    United Kingdom 62 1.9
    United States of America 8 0.2
    Other 25 0.7
    Others 42 1.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 4 0.1
    Christianity 2882 86.8
    Hinduism 3 0.1
    Islam 6 0.2
    No Religion 421 12.7
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 120 9.8
    $400-$599 197 16.1
    $600-$799 158 12.9
    $800-$999 132 10.8
    $1,500-$1,999 141 11.5
    Others 477 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1137 42.2
    Employed, worked full-time 903 33.5
    Employed, worked part-time 466 17.3
    Employed, away from work 98 3.6
    Unemployed, looking for work 88 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 248 16.9
    Professionals 194 13.2
    Technicians & trades workers 196 13.3
    Machinery operators & drivers 178 12.1
    Labourers 214 14.6
    Others 439 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 73 9.9
    Infants/Primary 299 40.4
    Secondary 233 31.4
    Technical or Further Educational Institution 89 12.0
    University or other Tertiary Institutions 37 5.0
    Others 10 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3130 96.4
    Flat, unit or apartment 66 2.0
    Semi-detached, row or terrace house, townhouse 33 1.0
    House or flat attached to a shop, office 14 0.4
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 565 42.1
    Rented 402 30.0
    Being purchased 364 27.1
    Other tenure type 11 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals