Suburb Profile Report for Razorback NSW (2571)

Razorback House: Median price $1,315,000, Annual capital growth 5.67%, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 155th in the list of Australian suburbs ordered by increase in median house value over the last year, Razorback, 2571 is in the top 10% with a property value increase of 24.06% recorded in median house prices.

While Razorback,2571 ranked number 211th in NSW for increase in median house value (annualised) increase, it is ranked 609th over the last 5 years.

The most recent median price for Razorback is $1315000, with sellers offering an average of -4.88% off the asking price.

In the last year 14 properties changed hands in Razorback, which puts it as the 1306th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$1,315,000 N/A
5.20% N/A
24.06% N/A
5.67% N/A
N/A N/A
14 N/A
N/A N/A
87.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 963
Median household income ($/weekly) 1902
Median age of persons 40
Median housing loan repayment ($/monthly) 2600
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 155 16.1
    25-34 years 91 9.4
    35-44 years 148 15.4
    45-54 years 174 18.0
    55-64 years 136 14.1
    Others 260 27.0
    Age Group
    Census Count Percent(%)
    Registered Married 448 66.6
    Not Married 190 28.2
    Defacto Relationship 35 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 801 87.4
    Japan 8 0.9
    Papua New Guinea 12 1.3
    United Kingdom 46 5.0
    Other 16 1.7
    Others 34 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 709 79.8
    No Religion 165 18.6
    Islam 8 0.9
    Judaism 4 0.4
    Buddhism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 24 9.3
    $1,500-$1,999 32 12.5
    $2,000-$2,499 33 12.8
    $2,500-$2,999 36 14.0
    $4,000 or more 25 9.7
    Others 107 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 331 47.5
    Not in the labour force 173 24.8
    Employed, worked part-time 149 21.4
    Employed, away from work 27 3.9
    Unemployed, looking for work 17 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 103 20.4
    Professionals 93 18.4
    Technicians & trades workers 81 16.0
    Clerical & administrative workers 87 17.2
    Labourers 43 8.5
    Others 98 19.4
    Occupation
    Census Count Percent(%)
    Pre-school 26 11.8
    Infants/Primary 102 46.2
    Secondary 52 23.5
    Technical or Further Educational Institution 18 8.1
    University or other Tertiary Institutions 12 5.4
    Others 11 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 887 98.1
    Flat, unit or apartment 14 1.5
    Improvised home, tent, sleepers out 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 151 53.7
    Fully owned 100 35.6
    Rented 27 9.6
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals