Suburb Profile Report for Harrington NSW (2427)

Harrington House: Median price $440,000, Annual capital growth 3.97%, Number of sales 117, Weekly median advertised rent $325

Harrington Unit: Median price $345,000, Annual capital growth 1.30%, Number of sales 14, Weekly median advertised rent $283

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

Source: CoreLogic

  • House Report
  • Unit Report

Harrington is an average performer in NSW when comparing median price capital growth over the last year. Harrington gave property investors a average capital gain figure when compared to the rest of the state, with 6.02%.

While Harrington,2427 ranked number 395th in NSW for increase in median house value (annualised) increase, it is ranked 852th over the last 5 years.

Our latest figures would indicate that property sellers in Harrington are currently offering property investors an average price cut of -2.60% below the asking price at the moment.

Using the current median advertised rental of $325 and the average annual increase in value of a median property of 3.97%, investors should hope to achieve an overall return of 3.84%

At number 129th in the list of Australian suburbs ordered by increase in median house value over the last year, Harrington, 2427 is in the top 10% with a property value increase of 18.97% recorded in median house prices.

If we look at median property appreciation over just the last three months, Harrington has given property investors a paper return of 18.97%. This puts Suburb as 11 on a list of fastest fasting appreciating suburbs in NSW

HOUSE UNIT
$440,000 $345,000
3.53% 18.97%
6.02% 18.97%
3.97% 1.30%
$325 $283
117 14
3.84% 4.26%
90.48 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2256
Median household income ($/weekly) 649
Median age of persons 59
Median housing loan repayment ($/monthly) 1517
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 197 8.7
    45-54 years 254 11.3
    55-64 years 478 21.2
    65-74 years 480 21.3
    75-84 years 261 11.6
    Others 587 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 973 55.6
    Not Married 633 36.2
    Defacto Relationship 145 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1934 90.6
    New Zealand 10 0.5
    Papua New Guinea 24 1.1
    United Kingdom 97 4.5
    Other 20 0.9
    Others 50 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1712 81.3
    No Religion 375 17.8
    Buddhism 12 0.6
    Other Religious Groups 5 0.2
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 132 14.5
    $400-$599 206 22.6
    $600-$799 148 16.3
    $800-$999 114 12.5
    $1,000-$1,249 60 6.6
    Others 250 27.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1226 65.7
    Employed, worked full-time 296 15.9
    Employed, worked part-time 222 11.9
    Unemployed, looking for work 70 3.8
    Employed, away from work 52 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 70 12.3
    Professionals 101 17.7
    Technicians & trades workers 84 14.7
    Community & personal service workers 81 14.2
    Labourers 76 13.3
    Others 159 27.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 119 39.9
    Secondary 102 34.2
    Technical or Further Educational Institution 28 9.4
    Pre-school 26 8.7
    University or other Tertiary Institutions 23 7.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1774 84.4
    Semi-detached, row or terrace house, townhouse 216 10.3
    Flat, unit or apartment 69 3.3
    House or flat attached to a shop, office 28 1.3
    Caravan, cabin, houseboat 14 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 526 54.2
    Rented 285 29.4
    Being purchased 154 15.9
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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