Suburb Profile Report for Bingara NSW (2404)

Bingara House: Median price $191,500, Annual capital growth 4.74%, Number of sales 47, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Bingara has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.98%

Over the longer term, Bingara has seen property prices show investors a 23.15% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Bingara 2404 should be seeing an average reduction in asking price of around -11.27% . This means that Bingara is holding prices well when compared to other suburbs in NSW.

At number 3248 in a list of fastest selling suburbs, Bingara is in the bottom 20% of suburbs in Australia with an average of days on market 122.39 for properties listed there.

Metrics i HOUSE UNIT
$191,500 N/A
-6.59% N/A
6.98% N/A
4.74% N/A
N/A N/A
47 N/A
N/A N/A
122.39 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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