Suburb Profile Report for Razorback NSW (2571)

Razorback House: Median price $1,340,000, Annual capital growth 5.98%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 21.82% for the last 12 months, Razorback, 2571 has performed for property investments than its average annual 5.98% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Razorback has given property investors a paper return of 2.68%. This puts Suburb as 397 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Razorback should be aiming for at least -4.88% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Razorback have been waiting around 88.2 days to sell a property.

HOUSE UNIT
$1,340,000 N/A
2.68% N/A
21.82% N/A
5.98% N/A
N/A N/A
16 N/A
N/A N/A
88.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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
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