Suburb Profile Report for Barraba NSW (2347)

Barraba House: Median price $125,000, Annual capital growth 4.81%, Number of sales 35, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Barraba has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.54% to date .

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

Property investors looking for a bargain in Barraba should be aiming for at least -12.74% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Barraba the average time real estate has been on the market is 111.53 days.

The NSW suburb of Barraba, 2347 is in the Tamworth Regional local government area.

HOUSE UNIT
$125,000 N/A
2.04% N/A
-6.54% N/A
4.81% N/A
N/A N/A
35 N/A
N/A N/A
111.53 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1537
Median household income ($/weekly) 593
Median age of persons 52
Median housing loan repayment ($/monthly) 800
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 163 10.6
    45-54 years 209 13.6
    55-64 years 232 15.1
    65-74 years 261 17.0
    75-84 years 178 11.6
    Others 494 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 582 50.6
    Not Married 485 42.1
    Defacto Relationship 84 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1367 93.1
    Greece 11 0.7
    Papua New Guinea 11 0.7
    Philippines 11 0.7
    United Kingdom 38 2.6
    Others 31 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1275 88.5
    No Religion 151 10.5
    Other Religious Groups 8 0.6
    Hinduism 4 0.3
    Buddhism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 107 18.0
    $400-$599 145 24.5
    $600-$799 87 14.7
    $800-$999 64 10.8
    $1,000-$1,249 45 7.6
    Others 145 24.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 681 55.8
    Employed, worked full-time 278 22.8
    Employed, worked part-time 183 15.0
    Employed, away from work 45 3.7
    Unemployed, looking for work 33 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 102 20.2
    Professionals 49 9.7
    Technicians & trades workers 56 11.1
    Community & personal service workers 60 11.9
    Labourers 90 17.8
    Others 149 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 20 8.1
    Infants/Primary 109 44.3
    Secondary 78 31.7
    Technical or Further Educational Institution 20 8.1
    University or other Tertiary Institutions 15 6.1
    Others 4 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1369 96.1
    Flat, unit or apartment 21 1.5
    House or flat attached to a shop, office 17 1.2
    Caravan, cabin, houseboat 15 1.1
    Improvised home, tent, sleepers out 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 350 53.0
    Rented 165 25.0
    Being purchased 137 20.7
    Other tenure type 9 1.4
    Tenure Type
Census 2011, ABS
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