Suburb Profile Report for Kempsey NSW (2440)

Kempsey House: Median price $210,000, Annual capital growth -7.00%, Number of sales 24, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Kempsey, 2440 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -20.75%

Over the longer term, Kempsey has seen property prices show investors a 15.07% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Kempsey itself are offering an average vendor discount of -5.21% to real estate investors.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

HOUSE UNIT
$210,000 N/A
12.00% N/A
-20.75% N/A
-7.00% N/A
$300 N/A
24 N/A
7.43% N/A
95.29 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 390
Median household income ($/weekly) 581
Median age of persons 47
Median housing loan repayment ($/monthly) 1159
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 47 12.1
    35-44 years 36 9.3
    45-54 years 65 16.7
    55-64 years 51 13.1
    65-74 years 42 10.8
    Others 148 38.0
    Age Group
    Census Count Percent(%)
    Not Married 150 57.9
    Registered Married 79 30.5
    Defacto Relationship 30 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 317 92.4
    Croatia 4 1.2
    Greece 6 1.7
    Philippines 5 1.5
    United Kingdom 8 2.3
    Others 3 0.9
    Country of Birth
    Census Count Percent(%)
    Christianity 269 78.7
    No Religion 64 18.7
    Other Religious Groups 6 1.8
    Hinduism 3 0.9
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 16 10.4
    $300-$399 26 16.9
    $400-$599 31 20.1
    $600-$799 20 13.0
    $800-$999 19 12.3
    Others 42 27.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 163 55.3
    Employed, worked full-time 61 20.7
    Employed, worked part-time 45 15.3
    Unemployed, looking for work 17 5.8
    Employed, away from work 9 3.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 23 19.8
    Community & personal service workers 14 12.1
    Clerical & administrative workers 12 10.3
    Sales 20 17.2
    Labourers 22 19.0
    Others 25 21.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 19 32.8
    Secondary 19 32.8
    Pre-school 10 17.2
    Technical or Further Educational Institution 6 10.3
    University or other Tertiary Institutions 4 6.9
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 255 79.9
    Caravan, cabin, houseboat 39 12.2
    Semi-detached, row or terrace house, townhouse 25 7.8
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 72 46.2
    Fully owned 55 35.3
    Being purchased 29 18.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals