Suburb Profile Report for Harrington NSW (2427)

Harrington House: Median price $441,000, Annual capital growth 4.00%, Number of sales 114, Weekly median advertised rent $390

Harrington Unit: Median price $345,000, Annual capital growth 2.08%, Number of sales 21, Weekly median advertised rent $305

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Harrington, 2427 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.27%.

Harrington,2427 was ranked 1456 in Australia by increase in median property value over the quarter.

The most recent median price for Harrington is $441000, with sellers offering an average of -2.46% off the asking price.

Residents and property investors in Harrington have been waiting around 89.66 days to sell a property.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

Over the last year, property investments in Harrington, 2427 have given investors a capital gain of 18.97%. This compares very favourably with the 5.41% for NSW as a whole.

If we look at median property appreciation over just the last three months, Harrington has given property investors a paper return of 10.40%. This puts Suburb as 34 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Harrington is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 276th in terms of most discounted suburbs in NSW

Residents and property investors in Harrington have been waiting around 141.7 days to sell a property.

Advertised rents are around the $305 mark per week – giving a return of 4.60% based on the median price in Suburb

HOUSE UNIT
$441,000 $345,000
2.56% 10.40%
6.27% 18.97%
4.00% 2.08%
$390 $305
114 21
4.60% 4.60%
89.66 141.7

Source: CoreLogic

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