Suburb Profile Report for West Nowra NSW (2541)

West Nowra House: Median price $382,500, Annual capital growth 4.08%, Number of sales 27, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in West Nowra, 2541 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.50%.

If we look at median property appreciation over just the last three months, West Nowra has given property investors a paper return of 4.94%. This puts Suburb as 333 on a list of fastest fasting appreciating suburbs in NSW

At number 526th of NSW’s most discounted properties, West Nowra is in the middle of the state/territory when listing in order of most discounted to least.

In the last year 27 properties changed hands in West Nowra, which puts it as the 991th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $365 and the average annual increase in value of a median property of 4.08%, investors should hope to achieve an overall return of 4.96%

HOUSE UNIT
$382,500 N/A
4.94% N/A
12.50% N/A
4.08% N/A
$365 N/A
27 N/A
4.96% N/A
89.07 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1107
Median household income ($/weekly) 1082
Median age of persons 34
Median housing loan repayment ($/monthly) 1387
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 159 14.4
    15-19 years 105 9.5
    25-34 years 148 13.4
    35-44 years 139 12.6
    45-54 years 176 15.9
    Others 378 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 373 47.3
    Not Married 326 41.4
    Defacto Relationship 89 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 955 92.5
    Papua New Guinea 7 0.7
    Philippines 6 0.6
    United Kingdom 38 3.7
    Other 13 1.3
    Others 13 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 759 76.1
    No Religion 231 23.2
    Islam 4 0.4
    Buddhism 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 47 13.8
    $600-$799 42 12.4
    $800-$999 33 9.7
    $1,000-$1,249 39 11.5
    $1,500-$1,999 52 15.3
    Others 127 37.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 303 36.8
    Not in the labour force 292 35.5
    Employed, worked part-time 169 20.5
    Unemployed, looking for work 31 3.8
    Employed, away from work 28 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 96 19.2
    Community & personal service workers 84 16.8
    Clerical & administrative workers 57 11.4
    Sales 67 13.4
    Labourers 61 12.2
    Others 134 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 22 8.3
    Infants/Primary 97 36.5
    Secondary 81 30.5
    Technical or Further Educational Institution 29 10.9
    University or other Tertiary Institutions 28 10.5
    Others 9 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1015 99.1
    Flat, unit or apartment 6 0.6
    Semi-detached, row or terrace house, townhouse 3 0.3
    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 179 48.4
    Fully owned 104 28.1
    Rented 87 23.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals