Suburb Profile Report for Urunga NSW (2455)

Urunga House: Median price $450,000, Annual capital growth 3.03%, Number of sales 82, Weekly median advertised rent $355

Urunga Unit: Median price $315,000, Annual capital growth 23.53%, 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

If you compare the increase in value of investment property in Urunga, 2455 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.14%.

If we look at median property appreciation over just the last three months, Urunga has given property investors a paper return of 4.65%. This puts Suburb as 295 on a list of fastest fasting appreciating suburbs in NSW

Urunga, 2455 is offering NSW ‘s 946th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.10%, without taking into account capital value appreciation, which has been averaging out at 3.03%.

Urunga is in the TOP 10% in NSW when comparing median price capital growth over the last year. Urunga gave property investors a very good capital gain figure when compared to the rest of the state, with 23.53%.

Urunga,2455 was ranked 39 in Australia by increase in median property value over the quarter.

On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.62%, without taking into account capital value appreciation, which has been averaging out at 23.53%.

HOUSE UNIT
$450,000 $315,000
4.65% 16.67%
7.14% 23.53%
3.03% 23.53%
$355 $280
82 10
4.10% 4.62%
93.26 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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