Suburb Profile Report for Red Head NSW (2430)

Red Head House: Median price $533,000, Annual capital growth N/A, Number of sales 23, Weekly median advertised rent $393

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

Source: CoreLogic

  • House Report

Vendor discounting in Red Head is giving property investors an average Vendor Discount of around -4.54%. This puts suburb at number 792th in NSW when ranking the most discounted suburbs.

Residents and property investors in Red Head have been waiting around 131.78 days to sell a property.

Property investors should expect to get $392.5 weekly from the median priced house in this suburb.

HOUSE UNIT
$533,000 N/A
-3.09% N/A
N/A N/A
N/A N/A
$393 N/A
23 N/A
3.83% N/A
131.78 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 395
Median household income ($/weekly) 876
Median age of persons 50
Median housing loan repayment ($/monthly) 1842
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 51 12.9
    35-44 years 43 10.9
    45-54 years 62 15.7
    55-64 years 84 21.2
    65-74 years 68 17.2
    Others 88 22.2
    Age Group
    Census Count Percent(%)
    Registered Married 174 59.6
    Not Married 94 32.2
    Defacto Relationship 24 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 334 86.5
    Greece 6 1.6
    Hong Kong 3 0.8
    Indonesia 3 0.8
    United Kingdom 31 8.0
    Others 9 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 280 74.9
    No Religion 83 22.2
    Buddhism 11 2.9
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 15 10.0
    $400-$599 28 18.7
    $600-$799 15 10.0
    $800-$999 20 13.3
    $1,250-$1,499 17 11.3
    Others 55 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 146 45.3
    Employed, worked full-time 89 27.6
    Employed, worked part-time 62 19.3
    Employed, away from work 15 4.7
    Unemployed, looking for work 10 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 56 33.1
    Technicians & trades workers 22 13.0
    Community & personal service workers 21 12.4
    Clerical & administrative workers 22 13.0
    Labourers 18 10.7
    Others 30 17.8
    Occupation
    Census Count Percent(%)
    Secondary 36 44.4
    Infants/Primary 32 39.5
    Technical or Further Educational Institution 5 6.2
    Other type of educational institution 5 6.2
    Pre-school 3 3.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 288 77.6
    Caravan, cabin, houseboat 64 17.3
    Semi-detached, row or terrace house, townhouse 19 5.1
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 89 54.6
    Being purchased 41 25.2
    Rented 33 20.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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