Suburb Profile Report for Russell Vale NSW (2517)

Russell Vale House: Median price $760,000, Annual capital growth 7.77%, Number of sales 19, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Property value increases in Russell Vale have tracked higher than the NSW average of 7.28% over the last 12 months.

Over the longer term, Russell Vale has seen property prices show investors a 63.44% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Russell Vale is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 34th in terms of most discounted suburbs in NSW

The NSW suburb of Russell Vale, 2517 is in the Wollongong local government area.

Metrics i HOUSE UNIT
$760,000 N/A
6.29% N/A
16.39% N/A
7.77% N/A
$500 N/A
19 N/A
3.42% N/A
42.5 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 1517
Median household income ($/weekly) 1200
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 203 13.4
    25-34 years 174 11.5
    35-44 years 204 13.4
    45-54 years 205 13.5
    55-64 years 177 11.7
    Others 554 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 586 51.5
    Not Married 460 40.5
    Defacto Relationship 91 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1297 89.1
    New Zealand 9 0.6
    Papua New Guinea 13 0.9
    United Kingdom 53 3.6
    Other 20 1.4
    Others 64 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1080 75.7
    No Religion 311 21.8
    Buddhism 17 1.2
    Other Religious Groups 10 0.7
    Islam 9 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 64 12.9
    $600-$799 52 10.4
    $1,000-$1,249 49 9.8
    $1,500-$1,999 53 10.6
    $2,000-$2,499 48 9.6
    Others 232 46.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 448 38.7
    Employed, worked full-time 386 33.3
    Employed, worked part-time 214 18.5
    Employed, away from work 57 4.9
    Unemployed, looking for work 53 4.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 122 18.5
    Technicians & trades workers 127 19.2
    Community & personal service workers 82 12.4
    Clerical & administrative workers 106 16.1
    Labourers 64 9.7
    Others 159 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 49 13.1
    Infants/Primary 124 33.2
    Secondary 104 27.9
    Technical or Further Educational Institution 47 12.6
    University or other Tertiary Institutions 43 11.5
    Others 6 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1261 85.5
    Semi-detached, row or terrace house, townhouse 177 12.0
    Flat, unit or apartment 32 2.2
    House or flat attached to a shop, office 4 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 225 41.8
    Fully owned 212 39.4
    Rented 98 18.2
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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