Suburb Profile Report for Inverell NSW (2360)

Inverell House: Median price $240,000, Annual capital growth 2.93%, Number of sales 222, Weekly median advertised rent $280

Inverell Unit: Median price $215,000, Annual capital growth 7.58%, Number of sales 10, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Inverell have tracked lower than the NSW average of 8.26% over the last 12 months.

Inverell,2360 was ranked 3689 in Australia by increase in median property value over the quarter.

Vendor discounting in Inverell is giving property investors an average Vendor Discount of around -8.13%. This puts suburb at number 137th in NSW when ranking the most discounted suburbs.

In the last year 222 properties changed hands in Inverell, which puts it as the 48th most active market in NSW when comparing the number of sales per suburb.

Situated 447.92km from the CBD, Inverell is one of Inverell localities in the postcode 2360.

At number 1204th in the list of Australian suburbs ordered by increase in median house value over the last year, Inverell, 2360 is in the BOTTOM 40% with a property value increase of -1.15% recorded in median house prices.

Property investors should expect to get $255 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$240,000 $215,000
-3.03% N/A
-5.36% -1.15%
2.93% 7.58%
$280 $255
222 10
6.07% 6.17%
147.3 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 11399
Median household income ($/weekly) 813
Median age of persons 40
Median housing loan repayment ($/monthly) 1250
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1590 13.9
    35-44 years 1356 11.9
    45-54 years 1406 12.3
    55-64 years 1342 11.8
    65-74 years 1237 10.9
    Others 4468 39.2
    Age Group
    Census Count Percent(%)
    Registered Married 3924 49.1
    Not Married 3317 41.5
    Defacto Relationship 746 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10227 94.2
    Papua New Guinea 60 0.6
    Philippines 53 0.5
    United Kingdom 171 1.6
    Other 121 1.1
    Others 225 2.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.3
    Christianity 8867 85.1
    Islam 10 0.1
    Other Religious Groups 17 0.2
    No Religion 1481 14.2
    Others 13 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 415 10.6
    $400-$599 654 16.8
    $600-$799 552 14.2
    $800-$999 451 11.6
    $1,500-$1,999 392 10.1
    Others 1433 36.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3624 43.2
    Employed, worked full-time 2830 33.7
    Employed, worked part-time 1348 16.1
    Unemployed, looking for work 338 4.0
    Employed, away from work 250 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 694 15.7
    Technicians & trades workers 655 14.8
    Community & personal service workers 536 12.1
    Sales 599 13.5
    Labourers 696 15.7
    Others 1245 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 226 8.9
    Infants/Primary 980 38.5
    Secondary 818 32.1
    Technical or Further Educational Institution 325 12.8
    University or other Tertiary Institutions 165 6.5
    Others 33 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9740 92.0
    Semi-detached, row or terrace house, townhouse 122 1.2
    Flat, unit or apartment 648 6.1
    Caravan, cabin, houseboat 50 0.5
    House or flat attached to a shop, office 18 0.2
    Others 5 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1556 36.7
    Rented 1353 31.9
    Being purchased 1294 30.6
    Other tenure type 32 0.8
    Tenure Type
Census 2011, ABS
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