Suburb Profile Report for Urunga NSW (2455)

Urunga House: Median price $458,000, Annual capital growth 2.83%, Number of sales 82, Weekly median advertised rent $380

Urunga Unit: Median price $280,000, Annual capital growth 8.95%, Number of sales 10, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Urunga have tracked just higher than the NSW average of 7.28% over the last 12 months.

Comparing Urunga,2455 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Urunga is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 634th in terms of most discounted suburbs in NSW

In the last year 82 properties changed hands in Urunga, which puts it as the 377th most active market in NSW when comparing the number of sales per suburb.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 2.83%.

Urunga, 2455 ranked 190th in NSW when comparing growth in median property values or capital gain over the last 12 months. Urunga is one of 3163 in our list for NSW

In the last year 10 properties changed hands in Urunga, which puts it as the 585th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $280 mark per week – giving a return of 5.20% based on the median price in Suburb

HOUSE UNIT
$458,000 $280,000
6.51% -11.11%
9.05% 8.95%
2.83% 8.95%
$380 $280
82 10
4.31% 5.20%
94.89 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Urunga NSW
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
Chart Table
Recent sales & rentals