Suburb Profile Report for West Kempsey NSW (2440)

West Kempsey House: Median price $241,250, Annual capital growth 2.97%, Number of sales 108, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Giving property investors a an average capital gain of 6.98% for the last year, West Kempsey, 2440 is the 2022th highest performer in Australia in this respect.

The five-year average increase in median property values for West Kempsey,2440 has given property investors a potential capital gain of 20.63% across each of those five years.

Property buyers and investors in West Kempsey 2440 should be seeing an average reduction in asking price of around -5.40% . This means that West Kempsey is holding prices well when compared to other suburbs in NSW.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 6.47%, without taking into account capital value appreciation, which has been averaging out at 2.97%.

Metrics i HOUSE UNIT
$241,250 N/A
0.52% N/A
6.98% N/A
2.97% N/A
$300 N/A
108 N/A
6.47% N/A
94.18 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in West Kempsey NSW
Demographics
Total population 4791
Median household income ($/weekly) 633
Median age of persons 40
Median housing loan repayment ($/monthly) 1213
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 688 14.4
    35-44 years 473 9.9
    45-54 years 537 11.2
    55-64 years 581 12.1
    65-74 years 500 10.4
    Others 2012 42.0
    Age Group
    Census Count Percent(%)
    Not Married 1686 53.4
    Registered Married 1177 37.3
    Defacto Relationship 296 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4293 94.8
    Papua New Guinea 25 0.6
    Philippines 21 0.5
    United Kingdom 95 2.1
    Other 29 0.6
    Others 64 1.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.5
    Christianity 3575 82.7
    Hinduism 7 0.2
    Other Religious Groups 21 0.5
    No Religion 683 15.8
    Others 13 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 299 18.2
    $400-$599 334 20.3
    $600-$799 230 14.0
    $800-$999 195 11.8
    $1,000-$1,249 156 9.5
    Others 433 26.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2041 59.0
    Employed, worked full-time 677 19.6
    Employed, worked part-time 483 14.0
    Unemployed, looking for work 177 5.1
    Employed, away from work 83 2.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 156 12.6
    Community & personal service workers 244 19.6
    Clerical & administrative workers 160 12.9
    Sales 154 12.4
    Labourers 182 14.7
    Others 346 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 108 10.5
    Infants/Primary 453 44.2
    Secondary 295 28.8
    Technical or Further Educational Institution 117 11.4
    University or other Tertiary Institutions 35 3.4
    Others 17 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3790 87.0
    Semi-detached, row or terrace house, townhouse 425 9.8
    Flat, unit or apartment 138 3.2
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 717 40.2
    Fully owned 644 36.1
    Being purchased 414 23.2
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals