Suburb Profile Report for Primbee NSW (2502)

Primbee House: Median price $700,000, Annual capital growth 8.97%, Number of sales 26, Weekly median advertised rent $465

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

Source: CoreLogic

  • House Report

Giving property investors a a stable capital gain of 14.75% for the last year, Primbee, 2502 is the 919th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Primbee has given property investors a paper return of 6.06%. This puts Suburb as 229 on a list of fastest fasting appreciating suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Primbee, 2502. Typically our figures indicate that -2.81% is being offered, which puts this NSW suburb at 3532th most discounted overall in Australia.

A $465 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 8.97%.

Metrics i HOUSE UNIT
$700,000 N/A
6.06% N/A
14.75% N/A
8.97% N/A
$465 N/A
26 N/A
3.45% N/A
58.38 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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