Suburb Profile Report for Razorback NSW (2571)

Razorback House: Median price $1,475,000, Annual capital growth 5.26%, 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

With a capital gain of 25.53% for the last 12 months, Razorback, 2571 has performed for property investments than its average annual 5.26% 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 10.90%. This puts Suburb as 67 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Razorback are currently offering property investors an average price cut of -4.35% below the asking price at the moment.

Often selling an investment property can take time, and in Razorback the average time real estate has been on the market is 116.07 days.

HOUSE UNIT
$1,475,000 N/A
10.90% N/A
25.53% N/A
5.26% N/A
N/A N/A
14 N/A
N/A N/A
116.07 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
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