Suburb Profile Report for Dorrigo NSW (2453)

Dorrigo House: Median price $319,500, Annual capital growth 4.42%, Number of sales 41, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 6.38% which means that Dorrigo, 2453 has done well for property investors by showing a capital gain of 8.31% over the last year

The five-year average increase in median property values for Dorrigo,2453 has given property investors a potential capital gain of 20.57% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Dorrigo is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 375th in terms of most discounted suburbs in NSW

Using the current median advertised rental of $295 and the average annual increase in value of a median property of 4.42%, investors should hope to achieve an overall return of 4.80%

HOUSE UNIT
$319,500 N/A
7.58% N/A
8.31% N/A
4.42% N/A
$295 N/A
41 N/A
4.80% N/A
127.25 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1523
Median household income ($/weekly) 695
Median age of persons 49
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 200 13.1
    35-44 years 137 9.0
    45-54 years 247 16.2
    55-64 years 235 15.4
    65-74 years 191 12.5
    Others 513 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 529 48.6
    Not Married 431 39.6
    Defacto Relationship 128 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1306 90.3
    Greece 9 0.6
    Papua New Guinea 13 0.9
    United Kingdom 71 4.9
    Other 23 1.6
    Others 24 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 1.3
    Christianity 963 69.5
    Hinduism 3 0.2
    Other Religious Groups 5 0.4
    No Religion 394 28.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 81 15.0
    $400-$599 90 16.6
    $600-$799 96 17.7
    $800-$999 62 11.5
    $1,000-$1,249 46 8.5
    Others 166 30.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 595 50.2
    Employed, worked full-time 282 23.8
    Employed, worked part-time 236 19.9
    Employed, away from work 41 3.5
    Unemployed, looking for work 32 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 118 21.0
    Professionals 83 14.7
    Technicians & trades workers 63 11.2
    Community & personal service workers 63 11.2
    Labourers 86 15.3
    Others 150 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 34 10.4
    Infants/Primary 114 34.9
    Secondary 117 35.8
    Technical or Further Educational Institution 33 10.1
    University or other Tertiary Institutions 23 7.0
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1343 97.2
    Semi-detached, row or terrace house, townhouse 20 1.4
    Flat, unit or apartment 13 0.9
    House or flat attached to a shop, office 5 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 304 50.9
    Being purchased 144 24.1
    Rented 138 23.1
    Other tenure type 11 1.8
    Tenure Type
Census 2011, ABS
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