Suburb Profile Report for Cundletown NSW (2430)

Cundletown House: Median price $303,500, Annual capital growth 2.00%, Number of sales 43, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

Investment property in Cundletown has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.39%

Taking the average capital gain, or increase in median house value, Cundletown,2430 has racked up an average of 8.39% over the period. This ranks it number 1662th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Cundletown 2430 should be seeing an average reduction in asking price of around -2.85% . This means that Cundletown is holding prices well when compared to other suburbs in NSW.

At number 603 in a list of fastest selling suburbs, Cundletown is in the TOP 20% of suburbs in Australia with an average of days on market 49.42 for properties listed there.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.83%, without taking into account capital value appreciation, which has been averaging out at 2.00%.

Metrics i HOUSE UNIT
$303,500 N/A
-0.49% N/A
8.39% N/A
2.00% N/A
$340 N/A
43 N/A
5.83% N/A
49.42 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2064
Median household income ($/weekly) 846
Median age of persons 45
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 283 13.7
    35-44 years 212 10.3
    45-54 years 276 13.4
    55-64 years 290 14.1
    65-74 years 239 11.6
    Others 763 37.0
    Age Group
    Census Count Percent(%)
    Registered Married 830 57.6
    Not Married 490 34.0
    Defacto Relationship 122 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1815 93.3
    New Zealand 9 0.5
    Papua New Guinea 21 1.1
    Philippines 9 0.5
    United Kingdom 52 2.7
    Others 39 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1561 81.5
    No Religion 328 17.1
    Buddhism 27 1.4
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 109 16.9
    $600-$799 99 15.4
    $1,000-$1,249 74 11.5
    $1,250-$1,499 63 9.8
    $1,500-$1,999 68 10.6
    Others 231 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 734 47.0
    Employed, worked full-time 450 28.8
    Employed, worked part-time 278 17.8
    Unemployed, looking for work 52 3.3
    Employed, away from work 49 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 100 12.9
    Technicians & trades workers 127 16.3
    Clerical & administrative workers 109 14.0
    Sales 101 13.0
    Labourers 105 13.5
    Others 236 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 43 9.7
    Infants/Primary 188 42.3
    Secondary 145 32.7
    Technical or Further Educational Institution 42 9.5
    University or other Tertiary Institutions 21 4.7
    Others 5 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1813 96.5
    Semi-detached, row or terrace house, townhouse 30 1.6
    Caravan, cabin, houseboat 27 1.4
    House or flat attached to a shop, office 6 0.3
    Flat, unit or apartment 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 327 46.2
    Being purchased 261 36.9
    Rented 120 16.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals