Suburb Profile Report for Candelo NSW (2550)

Candelo House: Median price $292,000, Annual capital growth 1.27%, Number of sales 28, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Candelo has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.57%

A 46.00% growth in median value for property investors in Candelo,2550 puts this suburb at number 649th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in Candelo are currently offering property investors an average price cut of -4.78% below the asking price at the moment.

At number 3468 in a list of fastest selling suburbs, Candelo is in the bottom 10% of suburbs in Australia with an average of days on market 135.66 for properties listed there.

Situated 325.14km from the CBD, Candelo is one of Bega Valley localities in the postcode 2550.

Metrics i HOUSE UNIT
$292,000 N/A
3.18% N/A
-10.57% N/A
1.27% N/A
N/A N/A
28 N/A
N/A N/A
135.66 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 733
Median household income ($/weekly) 880
Median age of persons 44
Median housing loan repayment ($/monthly) 1250
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 111 15.1
    15-19 years 62 8.5
    35-44 years 83 11.3
    45-54 years 144 19.6
    55-64 years 110 15.0
    Others 223 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 250 49.2
    Not Married 200 39.4
    Defacto Relationship 58 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 596 85.6
    New Zealand 7 1.0
    Papua New Guinea 18 2.6
    United Kingdom 53 7.6
    Other 13 1.9
    Others 9 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 411 65.3
    No Religion 206 32.8
    Buddhism 12 1.9
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 41 17.7
    $600-$799 26 11.2
    $800-$999 33 14.2
    $1,000-$1,249 26 11.2
    $1,500-$1,999 26 11.2
    Others 80 34.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 196 35.5
    Employed, worked full-time 163 29.5
    Employed, worked part-time 148 26.8
    Unemployed, looking for work 24 4.3
    Employed, away from work 21 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 60 18.1
    Professionals 65 19.6
    Technicians & trades workers 36 10.8
    Community & personal service workers 37 11.1
    Labourers 52 15.7
    Others 82 24.7
    Occupation
    Census Count Percent(%)
    Pre-school 6 3.3
    Infants/Primary 74 40.4
    Secondary 62 33.9
    Technical or Further Educational Institution 20 10.9
    University or other Tertiary Institutions 15 8.2
    Others 6 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 654 96.6
    Semi-detached, row or terrace house, townhouse 12 1.8
    House or flat attached to a shop, office 8 1.2
    Flat, unit or apartment 3 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 104 40.5
    Fully owned 101 39.3
    Rented 49 19.1
    Other tenure type 3 1.2
    Tenure Type
Census 2011, ABS
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