Suburb Profile Report for Primbee NSW (2502)

Primbee House: Median price $620,000, Annual capital growth 7.56%, Number of sales 25, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Investment property in Primbee has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.73%

While Primbee,2502 ranked number 1306th in NSW for increase in median house value (annualised) increase, it is ranked 529th over the last 5 years.

Our latest figures would indicate that property sellers in Primbee are currently offering property investors an average price cut of -4.74% below the asking price at the moment.

Situated 76.64km from the CBD, Primbee is one of Wollongong localities in the postcode 2502.

Metrics i HOUSE UNIT
$620,000 N/A
-5.34% N/A
12.73% N/A
7.56% N/A
$420 N/A
25 N/A
3.52% N/A
65.57 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1578
Median household income ($/weekly) 937
Median age of persons 45
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 175 11.1
    25-34 years 167 10.6
    35-44 years 192 12.2
    45-54 years 253 16.0
    55-64 years 189 12.0
    Others 603 38.2
    Age Group
    Census Count Percent(%)
    Registered Married 579 48.2
    Not Married 515 42.9
    Defacto Relationship 107 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1105 76.8
    Hong Kong 46 3.2
    Japan 46 3.2
    United Kingdom 57 4.0
    Other 71 4.9
    Others 113 7.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1174 82.3
    No Religion 239 16.7
    Buddhism 10 0.7
    Other Religious Groups 4 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 55 10.3
    $400-$599 90 16.8
    $600-$799 55 10.3
    $800-$999 46 8.6
    $1,500-$1,999 61 11.4
    Others 228 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 521 43.5
    Employed, worked full-time 393 32.8
    Employed, worked part-time 188 15.7
    Unemployed, looking for work 49 4.1
    Employed, away from work 46 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 85 13.5
    Technicians & trades workers 120 19.1
    Community & personal service workers 80 12.7
    Clerical & administrative workers 97 15.4
    Labourers 65 10.4
    Others 181 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 25 8.7
    Infants/Primary 104 36.2
    Secondary 71 24.7
    Technical or Further Educational Institution 35 12.2
    University or other Tertiary Institutions 41 14.3
    Others 11 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1407 94.9
    Flat, unit or apartment 75 5.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 250 43.7
    Rented 170 29.7
    Being purchased 146 25.5
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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