Suburb Profile Report for Harrington NSW (2427)

Harrington House: Median price $445,000, Annual capital growth 4.25%, Number of sales 119, Weekly median advertised rent $395

Harrington Unit: Median price $320,000, Annual capital growth 7.37%, Number of sales 23, Weekly median advertised rent $305

  • 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 7.10%.

When looking at the potential capital gains offered to property investors over the last 3 years, Harrington comes in at number 985th in NSW.

Sellers are offering property buyers an average discount of -2.58% to buyers in Harrington at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Harrington the average time real estate has been on the market is 85.05 days.

Renters in Suburb are facing rents around $4740 per annum or $395 every week.

Property value increases in Harrington have tracked just lower than the NSW average of 6.07% over the last 12 months.

The five-year average increase in median property values for Harrington,2427 has given property investors a potential capital gain of -5.19% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Harrington is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 313th in terms of most discounted suburbs in NSW

Harrington, 2427’s gross rental yield is 4.96%

Metrics i HOUSE UNIT
$445,000 $320,000
0.56% N/A
7.10% -0.78%
4.25% 7.37%
$395 $305
119 23
4.62% 4.96%
85.05 135.18

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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Recent sales & rentals