Suburb Profile Report for Currarong NSW (2540)

Currarong House: Median price $511,500, Annual capital growth 1.99%, Number of sales 30, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Currarong, 2540 have given investors a capital gain of 14.94%. This compares very favourably with the 7.15% for NSW as a whole.

Over the longer term, Currarong has seen property prices show investors a 16.91% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Currarong itself are offering an average vendor discount of -4.69% to real estate investors.

Using the current median advertised rental of $275 and the average annual increase in value of a median property of 1.99%, investors should hope to achieve an overall return of 2.80%

HOUSE UNIT
$511,500 N/A
-3.03% N/A
14.94% N/A
1.99% N/A
$275 N/A
30 N/A
2.80% N/A
67.33 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 456
Median household income ($/weekly) 845
Median age of persons 52
Median housing loan repayment ($/monthly) 1650
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 44 9.6
    45-54 years 88 19.3
    55-64 years 74 16.2
    65-74 years 66 14.5
    75-84 years 54 11.8
    Others 130 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 179 53.9
    Not Married 128 38.6
    Defacto Relationship 25 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 373 88.0
    South Korea 6 1.4
    Papua New Guinea 10 2.4
    Philippines 6 1.4
    United Kingdom 20 4.7
    Others 9 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 323 77.3
    No Religion 88 21.1
    Buddhism 7 1.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 14 9.7
    $400-$599 23 16.0
    $600-$799 22 15.3
    $800-$999 12 8.3
    $1,000-$1,249 14 9.7
    Others 59 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 196 53.1
    Employed, worked full-time 95 25.7
    Employed, worked part-time 52 14.1
    Unemployed, looking for work 14 3.8
    Employed, away from work 12 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 25 15.8
    Professionals 37 23.4
    Technicians & trades workers 33 20.9
    Clerical & administrative workers 22 13.9
    Labourers 19 12.0
    Others 22 13.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 31 45.6
    Secondary 18 26.5
    Technical or Further Educational Institution 7 10.3
    Pre-school 6 8.8
    University or other Tertiary Institutions 6 8.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 407 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 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 117 67.6
    Being purchased 34 19.7
    Rented 22 12.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals