Suburb Profile Report for Nambucca Heads NSW (2448)

Nambucca Heads House: Median price $332,500, Annual capital growth 2.14%, Number of sales 140, Weekly median advertised rent $330

Nambucca Heads Unit: Median price $220,000, Annual capital growth 3.14%, Number of sales 40, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Nambucca Heads, 2448 ranked 764th in NSW when comparing growth in median property values or capital gain over the last 12 months. Nambucca Heads is one of 3162 in our list for NSW

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.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nambucca Heads, 2448. Typically our figures indicate that -5.94% is being offered, which puts this NSW suburb at 1898th most discounted overall in Australia.

In the last year 140 properties changed hands in Nambucca Heads, which puts it as the 145th most active market in NSW when comparing the number of sales per suburb.

Nambucca Heads is 179th on a list of best yielding suburbs for rents in NSW with a 5.16% return

At number 706th in the list of Australian suburbs ordered by increase in median house value over the last year, Nambucca Heads, 2448 is in the top half with a property value increase of 4.76% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Nambucca Heads,2448 has racked up an average of 4.76% over the period. This ranks it number 962th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Nambucca Heads 2448 should be seeing an average reduction in asking price of around -6.53% . This means that Nambucca Heads is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Nambucca Heads the average time real estate has been on the market is 120.94 days.

Advertised rents are around the $285 mark per week – giving a return of 6.74% based on the median price in Suburb

HOUSE UNIT
$332,500 $220,000
-0.75% -3.30%
5.89% 4.76%
2.14% 3.14%
$330 $285
140 40
5.16% 6.74%
120.79 120.94

Source: CoreLogic

DSR Score for property investment : Below average (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