Suburb Profile Report for Bellingen NSW (2454)

Bellingen House: Median price $510,500, Annual capital growth 5.45%, Number of sales 89, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report

Investment property in Bellingen has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.69%

Taking the average capital gain, or increase in median house value, Bellingen,2454 has racked up an average of 16.69% over the period. This ranks it number 1048th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Bellingen should be aiming for at least -5.96% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 89 properties changed hands in Bellingen, which puts it as the 339th most active market in NSW when comparing the number of sales per suburb.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 5.45%.

Metrics i HOUSE UNIT
$510,500 N/A
0.10% N/A
16.69% N/A
5.45% N/A
$390 N/A
89 N/A
3.97% N/A
100.67 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 3655
Median household income ($/weekly) 813
Median age of persons 41
Median housing loan repayment ($/monthly) 1387
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 593 16.2
    35-44 years 531 14.5
    45-54 years 558 15.3
    55-64 years 481 13.2
    65-74 years 308 8.4
    Others 1186 32.4
    Age Group
    Census Count Percent(%)
    Not Married 1158 45.7
    Registered Married 1025 40.4
    Defacto Relationship 352 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3033 85.7
    Greece 35 1.0
    Papua New Guinea 71 2.0
    United Kingdom 242 6.8
    Other 48 1.4
    Others 111 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 99 3.0
    Christianity 1708 51.6
    Judaism 20 0.6
    Other Religious Groups 73 2.2
    No Religion 1398 42.3
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 221 17.5
    $600-$799 177 14.0
    $800-$999 145 11.5
    $1,000-$1,249 131 10.4
    $1,500-$1,999 135 10.7
    Others 456 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1218 44.1
    Employed, worked full-time 672 24.3
    Employed, worked part-time 662 23.9
    Unemployed, looking for work 138 5.0
    Employed, away from work 75 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 175 12.5
    Professionals 342 24.3
    Technicians & trades workers 196 14.0
    Community & personal service workers 207 14.7
    Labourers 147 10.5
    Others 338 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 81 7.8
    Infants/Primary 397 38.2
    Secondary 311 29.9
    Technical or Further Educational Institution 121 11.6
    University or other Tertiary Institutions 113 10.9
    Others 16 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3257 94.7
    Semi-detached, row or terrace house, townhouse 72 2.1
    Flat, unit or apartment 65 1.9
    House or flat attached to a shop, office 32 0.9
    Caravan, cabin, houseboat 12 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 506 36.2
    Rented 441 31.6
    Being purchased 438 31.4
    Other tenure type 12 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals