Suburb Profile Report for Worrigee NSW (2540)

Worrigee House: Median price $441,000, Annual capital growth 4.52%, Number of sales 115, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

Worrigee is in the TOP 20% in NSW when comparing median price capital growth over the last year. Worrigee gave property investors a very good capital gain figure when compared to the rest of the state, with 15.14%.

When looking at the potential capital gains offered to property investors over the last 3 years, Worrigee comes in at number 740th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Worrigee itself are offering an average vendor discount of -3.33% to real estate investors.

A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 4.52%.

HOUSE UNIT
$441,000 N/A
5.00% N/A
15.14% N/A
4.52% N/A
$395 N/A
115 N/A
4.66% N/A
68.14 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4552
Median household income ($/weekly) 1245
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 446 9.8
    5-14 years 794 17.4
    25-34 years 665 14.6
    35-44 years 686 15.1
    45-54 years 507 11.1
    Others 1455 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 1632 54.7
    Not Married 1009 33.8
    Defacto Relationship 342 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3852 89.9
    Greece 26 0.6
    Papua New Guinea 56 1.3
    United Kingdom 172 4.0
    Other 56 1.3
    Others 125 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 0.5
    Christianity 3210 77.1
    Islam 16 0.4
    Other Religious Groups 28 0.7
    No Religion 883 21.2
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 147 11.1
    $600-$799 141 10.7
    $1,250-$1,499 158 12.0
    $1,500-$1,999 192 14.5
    $2,000-$2,499 158 12.0
    Others 525 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1247 39.8
    Not in the labour force 1047 33.4
    Employed, worked part-time 594 19.0
    Employed, away from work 138 4.4
    Unemployed, looking for work 108 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 275 13.9
    Technicians & trades workers 405 20.5
    Community & personal service workers 294 14.9
    Clerical & administrative workers 252 12.7
    Sales 246 12.4
    Others 507 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 137 11.1
    Infants/Primary 502 40.7
    Secondary 346 28.0
    Technical or Further Educational Institution 110 8.9
    University or other Tertiary Institutions 114 9.2
    Others 25 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4112 97.2
    Semi-detached, row or terrace house, townhouse 78 1.8
    Flat, unit or apartment 37 0.9
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 656 44.6
    Rented 449 30.5
    Fully owned 359 24.4
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals