Suburb Profile Report for Dungog NSW (2420)

Dungog House: Median price $280,000, Annual capital growth 1.98%, Number of sales 37, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Expert Report

Dungog, 2420 ranked 706th in NSW when comparing growth in median property values or capital gain over the last 12 months. Dungog is one of 3162 in our list for NSW

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

Property investors looking for a bargain in Dungog should be aiming for at least -4.63% off the asking price, which is the average vendor discount being achieved at the moment.

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With a population of just over 3,000, Dungog is about as country as country towns get. Situated on the Williams River in the upper Hunter Valley, the town is a centre within nearby dairy and timber country.

Although small, the town has many of the amenities of a modern urban centre. It is not short of schools and clinics, and is on the North Coast Railway Line.

Full summary

With a population of just over 3,000, Dungog is about as country as country towns get. Situated on the Williams River in the upper Hunter Valley, the town is a centre within nearby dairy and timber country.

Although small, the town has many of the amenities of a modern urban centre. It is not short of schools and clinics, and is on the North Coast Railway Line.

While many nearby areas’ property markets have been on the soft side – especially as one starts to get into the Northern Rivers region – Dungog has remained fairly resilient on a number of measures. The town’s 7% rental yields, coupled with 1.63% vacancies should grab the attention of most investors, while at 110, the average number of days that properties are on the market is good for the area and the amount of people who live in or close to Dungog.

Close
HOUSE UNIT
$280,000 N/A
-5.08% N/A
7.69% N/A
1.98% N/A
$310 N/A
37 N/A
5.76% N/A
126.76 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 2131
Median household income ($/weekly) 758
Median age of persons 47
Median housing loan repayment ($/monthly) 1257
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 237 11.1
    35-44 years 223 10.5
    45-54 years 286 13.4
    55-64 years 286 13.4
    65-74 years 276 13.0
    Others 823 38.6
    Age Group
    Census Count Percent(%)
    Registered Married 786 50.4
    Not Married 653 41.9
    Defacto Relationship 121 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1927 95.3
    Greece 8 0.4
    Papua New Guinea 7 0.3
    United Kingdom 47 2.3
    Other 8 0.4
    Others 26 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1670 85.0
    No Religion 277 14.1
    Buddhism 9 0.5
    Hinduism 6 0.3
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 119 15.0
    $400-$599 139 17.6
    $600-$799 105 13.3
    $800-$999 72 9.1
    $1,500-$1,999 83 10.5
    Others 274 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 842 50.4
    Employed, worked full-time 459 27.5
    Employed, worked part-time 275 16.5
    Unemployed, looking for work 52 3.1
    Employed, away from work 42 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 103 13.3
    Technicians & trades workers 126 16.2
    Community & personal service workers 96 12.4
    Machinery operators & drivers 92 11.9
    Labourers 119 15.3
    Others 240 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 36 9.5
    Infants/Primary 155 41.1
    Secondary 117 31.0
    Technical or Further Educational Institution 31 8.2
    University or other Tertiary Institutions 32 8.5
    Others 6 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1882 96.3
    Semi-detached, row or terrace house, townhouse 43 2.2
    Flat, unit or apartment 30 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 383 44.6
    Being purchased 234 27.3
    Rented 225 26.2
    Other tenure type 16 1.9
    Tenure Type
Census 2011, ABS
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