Suburb Profile Report for North Nowra NSW (2541)

North Nowra House: Median price $412,500, Annual capital growth 4.16%, Number of sales 166, Weekly median advertised rent $370

North Nowra Unit: Median price $273,500, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $278

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

Source: CoreLogic

  • House Report
  • Unit Report

North Nowra is in the TOP 30% in NSW when comparing median price capital growth over the last year. North Nowra gave property investors a good capital gain figure when compared to the rest of the state, with 11.49%.

North Nowra,2541 has offered an average of 11.49% return per annum in house price rises to property investors over the last three years.

North Nowra2541 is located in NSW which offers an average discount of -5.49% to property investors. North Nowra itself is showing figures that indicate -2.63% is the average achievable by property buyers investing in the suburb.

In the last year 166 properties changed hands in North Nowra, which puts it as the 97th most active market in NSW when comparing the number of sales per suburb.

North Nowra, 2541’s gross rental yield is 4.66%

LACK OF BUYER INTEREST may well be the reason that North Nowra is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 466th in terms of most discounted suburbs in NSW

At number 225 in a list of fastest selling suburbs, North Nowra is in the TOP 20% of suburbs in Australia with an average of days on market 49.53 for properties listed there.

Renters in Suburb are facing rents around $3330 per annum or $277.5 every week.

HOUSE UNIT
$412,500 $273,500
2.87% 0.18%
11.49% N/A
4.16% N/A
$370 $278
166 13
4.66% 5.28%
65.09 49.53

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 5394
Median household income ($/weekly) 1012
Median age of persons 39
Median housing loan repayment ($/monthly) 1495
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 726 13.5
    25-34 years 647 12.0
    35-44 years 664 12.3
    45-54 years 673 12.5
    55-64 years 644 11.9
    Others 2040 37.8
    Age Group
    Census Count Percent(%)
    Registered Married 1931 50.1
    Not Married 1528 39.6
    Defacto Relationship 399 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4545 87.4
    Greece 31 0.6
    Papua New Guinea 79 1.5
    United Kingdom 309 5.9
    Other 64 1.2
    Others 170 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.7
    Christianity 3845 77.0
    Islam 19 0.4
    Other Religious Groups 23 0.5
    No Religion 1057 21.2
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 234 12.7
    $600-$799 224 12.1
    $800-$999 192 10.4
    $1,000-$1,249 194 10.5
    $1,500-$1,999 242 13.1
    Others 758 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1678 40.5
    Employed, worked full-time 1371 33.1
    Employed, worked part-time 807 19.5
    Employed, away from work 145 3.5
    Unemployed, looking for work 139 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 412 17.7
    Technicians & trades workers 424 18.3
    Community & personal service workers 317 13.7
    Clerical & administrative workers 286 12.3
    Sales 295 12.7
    Others 588 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 136 10.5
    Infants/Primary 465 35.8
    Secondary 371 28.6
    Technical or Further Educational Institution 159 12.2
    University or other Tertiary Institutions 132 10.2
    Others 36 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4792 94.3
    Flat, unit or apartment 220 4.3
    Semi-detached, row or terrace house, townhouse 72 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 722 36.0
    Fully owned 716 35.7
    Rented 557 27.8
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals