Suburb Profile Report for Dorrigo NSW (2453)

Dorrigo House: Median price $297,000, Annual capital growth 3.29%, Number of sales 38, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Dorrigo, 2453 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -5.71%.

Property investors looking for a bargain in Dorrigo should be aiming for at least -5.62% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Dorrigo being $297000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.25%

HOUSE UNIT
$297,000 N/A
N/A N/A
-5.71% N/A
3.29% N/A
$300 N/A
38 N/A
5.25% N/A
118.55 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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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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