Suburb Profile Report for Urunga NSW (2455)

Urunga House: Median price $469,000, Annual capital growth 4.12%, Number of sales 80, Weekly median advertised rent $390

Urunga Unit: Median price $285,000, Annual capital growth 9.83%, Number of sales 13, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Urunga has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.48%

Urunga,2455 has offered an average of 10.48% return per annum in house price rises to property investors over the last three years.

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 Urunga, 2455. Typically our figures indicate that -5.75% is being offered, which puts this NSW suburb at 1910th most discounted overall in Australia.

Residents and property investors in Urunga have been waiting around 102.05 days to sell a property.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 4.12%, investors should hope to achieve an overall return of 4.32%

NSW has seen average median house prices change by 6.22% which means that Urunga, 2455 has done well for property investors by showing a capital gain of 9.83% over the last year

Taking the average capital gain, or increase in median house value, Urunga,2455 has racked up an average of 9.83% over the period. This ranks it number 542th in the whole country for real estate investors looking at median house price increases.

Renters in Suburb are facing rents around $3360 per annum or $280 every week.

Metrics i HOUSE UNIT
$469,000 $285,000
0.00% 1.79%
10.48% 9.83%
4.12% 9.83%
$390 $280
80 13
4.32% 5.11%
102.05 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3020
Median household income ($/weekly) 731
Median age of persons 51
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 352 11.7
    45-54 years 448 14.8
    55-64 years 508 16.8
    65-74 years 450 14.9
    75-84 years 324 10.7
    Others 938 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 1157 48.4
    Not Married 993 41.5
    Defacto Relationship 241 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2601 89.9
    Greece 15 0.5
    Papua New Guinea 24 0.8
    United Kingdom 174 6.0
    Other 20 0.7
    Others 59 2.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 1.3
    Christianity 2118 75.8
    Australian Aboriginal Traditional Religions 6 0.2
    Other Religious Groups 7 0.3
    No Religion 627 22.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 146 12.3
    $400-$599 246 20.7
    $600-$799 170 14.3
    $800-$999 152 12.8
    $1,000-$1,249 109 9.2
    Others 365 30.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1353 54.8
    Employed, worked full-time 551 22.3
    Employed, worked part-time 427 17.3
    Unemployed, looking for work 82 3.3
    Employed, away from work 55 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 172 16.6
    Technicians & trades workers 180 17.4
    Community & personal service workers 114 11.0
    Clerical & administrative workers 124 12.0
    Labourers 153 14.8
    Others 292 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 47 7.8
    Infants/Primary 194 32.4
    Secondary 225 37.6
    Technical or Further Educational Institution 87 14.5
    University or other Tertiary Institutions 40 6.7
    Others 6 1.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2518 86.0
    Flat, unit or apartment 198 6.8
    Caravan, cabin, houseboat 137 4.7
    Semi-detached, row or terrace house, townhouse 60 2.0
    House or flat attached to a shop, office 14 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 594 46.7
    Rented 386 30.4
    Being purchased 277 21.8
    Other tenure type 14 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals