Suburb Profile Report for Razorback NSW (2571)

Razorback House: Median price $1,527,500, Annual capital growth 14.23%, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Razorback has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.20%

Comparing Razorback,2571 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Razorback, 2571. Typically our figures indicate that -4.31% is being offered, which puts this NSW suburb at 3094th most discounted overall in Australia.

Often selling an investment property can take time, and in Razorback the average time real estate has been on the market is 131.33 days.

HOUSE UNIT
$1,527,500 N/A
13.99% N/A
22.20% N/A
14.23% N/A
N/A N/A
13 N/A
N/A N/A
131.33 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (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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Recent sales & rentals