Suburb Profile Report for South Murwillumbah NSW (2484)

South Murwillumbah House: Median price $362,500, Annual capital growth 0.72%, Number of sales 27, Weekly median advertised rent $383

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

Source: CoreLogic

  • House Report

At number 2782th in the list of Australian suburbs ordered by increase in median house value over the last year, South Murwillumbah, 2484 is in the BOTTOM 40% with a property value increase of 0.69% recorded in median house prices.

While South Murwillumbah,2484 ranked number 1154th in NSW for increase in median house value (annualised) increase, it is ranked 1164th over the last 5 years.

Property buyers and investors in South Murwillumbah 2484 should be seeing an average reduction in asking price of around -4.72% . This means that South Murwillumbah is holding prices well when compared to other suburbs in NSW.

Using the current median advertised rental of $382.5 and the average annual increase in value of a median property of 0.72%, investors should hope to achieve an overall return of 5.49%

HOUSE UNIT
$362,500 N/A
-0.68% N/A
0.69% N/A
0.72% N/A
$383 N/A
27 N/A
5.49% N/A
92 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1063
Median household income ($/weekly) 834
Median age of persons 41
Median housing loan repayment ($/monthly) 1603
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 161 15.1
    25-34 years 108 10.2
    35-44 years 140 13.2
    45-54 years 155 14.6
    55-64 years 151 14.2
    Others 348 32.7
    Age Group
    Census Count Percent(%)
    Not Married 375 52.8
    Registered Married 261 36.8
    Defacto Relationship 74 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 935 92.0
    Indonesia 6 0.6
    Papua New Guinea 19 1.9
    United Kingdom 28 2.8
    Other 10 1.0
    Others 18 1.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 1.6
    Christianity 663 70.4
    Hinduism 12 1.3
    Other Religious Groups 17 1.8
    No Religion 231 24.5
    Others 4 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 36 10.1
    $400-$599 53 14.8
    $600-$799 48 13.4
    $800-$999 43 12.0
    $1,000-$1,249 46 12.9
    Others 131 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 347 44.7
    Employed, worked full-time 224 28.8
    Employed, worked part-time 143 18.4
    Unemployed, looking for work 46 5.9
    Employed, away from work 17 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 43 11.1
    Professionals 48 12.4
    Technicians & trades workers 59 15.3
    Community & personal service workers 53 13.7
    Labourers 58 15.0
    Others 125 32.4
    Occupation
    Census Count Percent(%)
    Pre-school 23 9.7
    Infants/Primary 100 42.0
    Secondary 68 28.6
    Technical or Further Educational Institution 29 12.2
    University or other Tertiary Institutions 12 5.0
    Others 6 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 881 91.8
    Caravan, cabin, houseboat 35 3.6
    Flat, unit or apartment 26 2.7
    Semi-detached, row or terrace house, townhouse 13 1.4
    House or flat attached to a shop, office 5 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 130 36.3
    Being purchased 121 33.8
    Fully owned 107 29.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals