Suburb Profile Report for Falls Creek NSW (2540)

Falls Creek House: Median price $730,000, Annual capital growth 7.41%, Number of sales 25, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Falls Creek 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 43.14%

Across a shorter period, Falls Creek, 2540 has seen a median price increase of 12.31% over the last quarter.

Vendor discounting in Falls Creek is giving property investors an average Vendor Discount of around -6.67%. This puts suburb at number 290th in NSW when ranking the most discounted suburbs.

HOUSE UNIT
$730,000 N/A
12.31% N/A
43.14% N/A
7.41% N/A
N/A N/A
25 N/A
N/A N/A
127.66 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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