Suburb Profile Report for South Murwillumbah NSW (2484)

South Murwillumbah House: Median price $408,500, Annual capital growth 1.72%, Number of sales 19, Weekly median advertised rent $403

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

Source: CoreLogic

  • House Report

Giving property investors a a stable capital gain of 12.69% for the last year, South Murwillumbah, 2484 is the 1117th highest performer in Australia in this respect.

Over the longer term, South Murwillumbah has seen property prices show investors a 41.11% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in South Murwillumbah 2484 should be seeing an average reduction in asking price of around -4.78% . This means that South Murwillumbah is holding prices well when compared to other suburbs in NSW.

With the median price for a house in South Murwillumbah being $408500 and the advertised rent reaching $402.5 the gross rental yield for property investors calculates out to be 5.12%

Metrics i HOUSE UNIT
$408,500 N/A
11.92% N/A
12.69% N/A
1.72% N/A
$403 N/A
19 N/A
5.12% N/A
43.07 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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