Suburb Profile Report for Chinderah NSW (2487)

Chinderah House: Median price $640,000, Annual capital growth 10.97%, Number of sales 16, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Chinderah, 2487 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 24.27%.

Property investors looking for a bargain in Chinderah should be aiming for at least -12.10% off the asking price, which is the average vendor discount being achieved at the moment.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 4.06%, without taking into account capital value appreciation, which has been averaging out at 10.97%.

Metrics i HOUSE UNIT
$640,000 N/A
3.23% N/A
24.27% N/A
10.97% N/A
$500 N/A
16 N/A
4.06% N/A
59 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1480
Median household income ($/weekly) 526
Median age of persons 58
Median housing loan repayment ($/monthly) 1625
Average household size 1.9
  • Census Count Percent(%)
    35-44 years 136 9.2
    45-54 years 194 13.1
    55-64 years 292 19.7
    65-74 years 333 22.5
    75-84 years 167 11.3
    Others 358 24.2
    Age Group
    Census Count Percent(%)
    Not Married 621 51.6
    Registered Married 473 39.3
    Defacto Relationship 109 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1128 82.1
    Greece 9 0.7
    Papua New Guinea 66 4.8
    United Kingdom 116 8.4
    Other 19 1.4
    Others 36 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1051 79.1
    No Religion 262 19.7
    Buddhism 6 0.5
    Other Religious Groups 6 0.5
    Hinduism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 53 7.9
    $300-$399 142 21.3
    $400-$599 177 26.5
    $600-$799 94 14.1
    $800-$999 55 8.2
    Others 147 22.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 790 64.6
    Employed, worked full-time 191 15.6
    Employed, worked part-time 177 14.5
    Unemployed, looking for work 43 3.5
    Employed, away from work 22 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 53 13.5
    Technicians & trades workers 65 16.6
    Community & personal service workers 38 9.7
    Sales 42 10.7
    Labourers 96 24.5
    Others 98 25.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 60 36.1
    Secondary 57 34.3
    Technical or Further Educational Institution 22 13.3
    Pre-school 16 9.6
    University or other Tertiary Institutions 11 6.6
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Caravan, cabin, houseboat 854 61.3
    Separate house 510 36.6
    Semi-detached, row or terrace house, townhouse 13 0.9
    House or flat attached to a shop, office 10 0.7
    Flat, unit or apartment 7 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 491 69.0
    Rented 152 21.3
    Being purchased 66 9.3
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals