Suburb Profile Report for Falls Creek NSW (2540)

Falls Creek House: Median price $795,000, Annual capital growth 7.78%, Number of sales 16, Weekly median advertised rent N/A

  • 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 Falls Creek, 2540 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 37.07%.

Over the longer term, Falls Creek has seen property prices show investors a 41.93% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Falls Creek is giving property investors an average Vendor Discount of around -5.14%. This puts suburb at number 620th in NSW when ranking the most discounted suburbs.

In the last year 16 properties changed hands in Falls Creek, which puts it as the 1246th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$795,000 N/A
6.35% N/A
37.07% N/A
7.78% N/A
N/A N/A
16 N/A
N/A N/A
123.46 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 951
Median household income ($/weekly) 1132
Median age of persons 45
Median housing loan repayment ($/monthly) 1300
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 128 13.4
    35-44 years 123 12.9
    45-54 years 153 16.1
    55-64 years 170 17.9
    65-74 years 130 13.7
    Others 248 26.1
    Age Group
    Census Count Percent(%)
    Registered Married 421 57.4
    Not Married 250 34.1
    Defacto Relationship 62 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 776 83.6
    Japan 10 1.1
    Papua New Guinea 17 1.8
    United Kingdom 65 7.0
    Other 14 1.5
    Others 46 5.0
    Country of Birth
    Census Count Percent(%)
    Christianity 673 75.4
    No Religion 211 23.6
    Buddhism 3 0.3
    Judaism 3 0.3
    Other Religious Groups 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 32 11.4
    $600-$799 42 14.9
    $1,000-$1,249 35 12.5
    $1,250-$1,499 32 11.4
    $1,500-$1,999 39 13.9
    Others 101 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 319 40.8
    Employed, worked full-time 254 32.5
    Employed, worked part-time 148 18.9
    Employed, away from work 32 4.1
    Unemployed, looking for work 29 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 52 11.9
    Professionals 61 14.0
    Technicians & trades workers 92 21.1
    Community & personal service workers 49 11.2
    Clerical & administrative workers 54 12.4
    Others 128 29.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 69 29.6
    Secondary 113 48.5
    Technical or Further Educational Institution 24 10.3
    University or other Tertiary Institutions 12 5.2
    Other type of educational institution 9 3.9
    Others 6 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 880 97.0
    Caravan, cabin, houseboat 12 1.3
    Flat, unit or apartment 9 1.0
    Improvised home, tent, sleepers out 6 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 149 46.3
    Being purchased 136 42.2
    Rented 31 9.6
    Other tenure type 6 1.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals