Suburb Profile Report for Bingara NSW (2404)

Bingara House: Median price $195,000, Annual capital growth 7.74%, Number of sales 45, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Bingara, 2404 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.94%

If we look at median property appreciation over just the last three months, Bingara has given property investors a paper return of -2.50%. This puts Suburb as 1239 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -12.01% to buyers in Bingara at the moment, which is less than average for the rest of NSW.

Metrics i HOUSE UNIT
$195,000 N/A
-2.50% N/A
8.94% N/A
7.74% N/A
N/A N/A
45 N/A
N/A N/A
153.04 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1334
Median household income ($/weekly) 580
Median age of persons 56
Median housing loan repayment ($/monthly) 867
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 120 9.0
    45-54 years 149 11.2
    55-64 years 220 16.5
    65-74 years 248 18.6
    75-84 years 160 12.0
    Others 438 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 535 52.3
    Not Married 409 40.0
    Defacto Relationship 78 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1210 94.2
    Greece 6 0.5
    New Zealand 6 0.5
    Papua New Guinea 5 0.4
    United Kingdom 47 3.7
    Others 10 0.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1070 85.5
    No Religion 178 14.2
    Islam 3 0.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 95 18.1
    $400-$599 130 24.8
    $600-$799 72 13.7
    $800-$999 66 12.6
    $1,000-$1,249 32 6.1
    Others 130 24.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 687 61.7
    Employed, worked full-time 218 19.6
    Employed, worked part-time 137 12.3
    Employed, away from work 36 3.2
    Unemployed, looking for work 35 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 58 14.7
    Professionals 44 11.2
    Technicians & trades workers 54 13.7
    Community & personal service workers 51 12.9
    Labourers 57 14.5
    Others 130 33.0
    Occupation
    Census Count Percent(%)
    Pre-school 22 10.8
    Infants/Primary 74 36.3
    Secondary 67 32.8
    Technical or Further Educational Institution 17 8.3
    University or other Tertiary Institutions 21 10.3
    Others 3 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1176 94.7
    Flat, unit or apartment 26 2.1
    Caravan, cabin, houseboat 20 1.6
    House or flat attached to a shop, office 15 1.2
    Semi-detached, row or terrace house, townhouse 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 313 55.3
    Being purchased 125 22.1
    Rented 121 21.4
    Other tenure type 7 1.2
    Tenure Type
Census 2011, ABS
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