Suburb Profile Report for Razorback NSW (2571)

Razorback House: Median price $1,798,750, Annual capital growth 14.92%, 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

Property investors who have had real estate in Razorback, 2571 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 43.90%

Razorback,2571 was ranked 88 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Razorback itself are offering an average vendor discount of -3.16% to real estate investors.

Metrics i HOUSE UNIT
$1,798,750 N/A
13.84% N/A
43.90% N/A
14.92% N/A
N/A N/A
13 N/A
N/A N/A
126.09 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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