Suburb Profile Report for North Nowra NSW (2541)

North Nowra House: Median price $448,500, Annual capital growth 5.58%, Number of sales 158, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

North Nowra is in the TOP 20% in NSW when comparing median price capital growth over the last year. North Nowra gave property investors a very good capital gain figure when compared to the rest of the state, with 18.03%.

Across a shorter period, North Nowra, 2541 has seen a median price increase of 4.91% over the last quarter.

Property buyers and investors in North Nowra 2541 should be seeing an average reduction in asking price of around -2.61% . This means that North Nowra is holding prices well when compared to other suburbs in NSW.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.58%, investors should hope to achieve an overall return of 4.41%

Metrics i HOUSE UNIT
$448,500 N/A
4.91% N/A
18.03% N/A
5.58% N/A
$380 N/A
158 N/A
4.41% N/A
56.01 N/A

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
Chart Table
Recent sales & rentals