Suburb Profile Report for North Nowra NSW (2541)

North Nowra House: Median price $410,000, Annual capital growth 4.29%, Number of sales 161, Weekly median advertised rent $360

North Nowra Unit: Median price $275,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $273

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in North Nowra, 2541 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.33%

While North Nowra,2541 ranked number 502th in NSW for increase in median house value (annualised) increase, it is ranked 785th over the last 5 years.

Our latest figures would indicate that property sellers in North Nowra are currently offering property investors an average price cut of -2.94% below the asking price at the moment.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.29%, investors should hope to achieve an overall return of 4.57%

The most recent median price for North Nowra is $275000, with sellers offering an average of -1.89% off the asking price.

HOUSE UNIT
$410,000 $275,000
2.76% 1.10%
12.33% N/A
4.29% N/A
$360 $273
161 12
4.57% 5.15%
67.36 56.8

Source: CoreLogic

DSR Score for property investment : 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