Suburb Profile Report for Nambucca Heads NSW (2448)

Nambucca Heads House: Median price $335,000, Annual capital growth 2.12%, Number of sales 138, Weekly median advertised rent $350

Nambucca Heads Unit: Median price $250,000, Annual capital growth 3.74%, Number of sales 56, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 3.72% for the last year, Nambucca Heads, 2448 is the 2350th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nambucca Heads has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Nambucca Heads itself are offering an average vendor discount of -5.88% to real estate investors.

Advertised rents are around the $350 mark per week – giving a return of 5.43% based on the median price in Suburb

Nambucca Heads is in the TOP 20% in NSW when comparing median price capital growth over the last year. Nambucca Heads gave property investors a very good capital gain figure when compared to the rest of the state, with 13.64%.

A 19.05% growth in median value for property investors in Nambucca Heads,2448 puts this suburb at number 242th in terms of best performing suburbs in NSW

Vendor discounting in Nambucca Heads is giving property investors an average Vendor Discount of around -6.22%. This puts suburb at number 50th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 3.74%, investors should hope to achieve an overall return of 6.03%

Metrics i HOUSE UNIT
$335,000 $250,000
2.45% 2.04%
3.72% 13.64%
2.12% 3.74%
$350 $290
138 56
5.43% 6.03%
113.31 144.75

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 6221
Median household income ($/weekly) 626
Median age of persons 53
Median housing loan repayment ($/monthly) 1400
Average household size 2
  • Census Count Percent(%)
    5-14 years 625 10.0
    45-54 years 783 12.6
    55-64 years 975 15.7
    65-74 years 997 16.0
    75-84 years 686 11.0
    Others 2156 34.7
    Age Group
    Census Count Percent(%)
    Not Married 2260 48.0
    Registered Married 2029 43.1
    Defacto Relationship 420 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5178 88.5
    New Zealand 29 0.5
    Papua New Guinea 76 1.3
    United Kingdom 350 6.0
    Other 63 1.1
    Others 158 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 62 1.1
    Christianity 4329 76.9
    Hinduism 6 0.1
    Other Religious Groups 26 0.5
    No Religion 1205 21.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 460 18.0
    $400-$599 512 20.0
    $600-$799 406 15.9
    $800-$999 295 11.5
    $1,000-$1,249 186 7.3
    Others 697 27.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3083 61.9
    Employed, worked full-time 821 16.5
    Employed, worked part-time 708 14.2
    Unemployed, looking for work 250 5.0
    Employed, away from work 115 2.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 244 14.9
    Technicians & trades workers 254 15.5
    Community & personal service workers 234 14.3
    Clerical & administrative workers 211 12.9
    Labourers 218 13.3
    Others 481 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 97 9.3
    Infants/Primary 392 37.7
    Secondary 320 30.8
    Technical or Further Educational Institution 157 15.1
    University or other Tertiary Institutions 51 4.9
    Others 23 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4526 77.8
    Semi-detached, row or terrace house, townhouse 430 7.4
    Flat, unit or apartment 651 11.2
    Caravan, cabin, houseboat 127 2.2
    House or flat attached to a shop, office 78 1.3
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1198 44.7
    Rented 1005 37.5
    Being purchased 453 16.9
    Other tenure type 22 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals