Suburb Profile Report for Bargo NSW (2574)

Bargo House: Median price $700,000, Annual capital growth 7.66%, Number of sales 71, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report

Bargo has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.00% to date .

Across a shorter period, Bargo, 2574 has seen a median price increase of -0.36% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.23% offered to property buyers. Sellers in Bargo itself are offering an average vendor discount of -4.02% to real estate investors.

A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.42%, without taking into account capital value appreciation, which has been averaging out at 7.66%.

Metrics i HOUSE UNIT
$700,000 N/A
-0.36% N/A
12.00% N/A
7.66% N/A
$460 N/A
71 N/A
3.42% N/A
38.84 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Bargo NSW
Demographics
Total population 4131
Median household income ($/weekly) 1267
Median age of persons 37
Median housing loan repayment ($/monthly) 2100
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 653 15.8
    25-34 years 454 11.0
    35-44 years 583 14.1
    45-54 years 561 13.6
    55-64 years 523 12.7
    Others 1356 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1639 54.7
    Not Married 1061 35.4
    Defacto Relationship 295 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3433 87.5
    Japan 23 0.6
    Papua New Guinea 36 0.9
    United Kingdom 229 5.8
    Other 65 1.7
    Others 139 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.3
    Christianity 3166 82.2
    Australian Aboriginal Traditional Religions 8 0.2
    Other Religious Groups 12 0.3
    No Religion 647 16.8
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 136 11.0
    $600-$799 119 9.7
    $800-$999 107 8.7
    $1,500-$1,999 152 12.3
    $2,000-$2,499 153 12.4
    Others 564 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1245 40.9
    Not in the labour force 1005 33.0
    Employed, worked part-time 576 18.9
    Employed, away from work 123 4.0
    Unemployed, looking for work 95 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 243 12.5
    Technicians & trades workers 365 18.7
    Community & personal service workers 212 10.9
    Clerical & administrative workers 266 13.7
    Labourers 228 11.7
    Others 633 32.5
    Occupation
    Census Count Percent(%)
    Pre-school 115 11.3
    Infants/Primary 412 40.6
    Secondary 285 28.1
    Technical or Further Educational Institution 95 9.4
    University or other Tertiary Institutions 84 8.3
    Others 25 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3745 94.0
    Semi-detached, row or terrace house, townhouse 186 4.7
    Caravan, cabin, houseboat 39 1.0
    Flat, unit or apartment 9 0.2
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 657 48.4
    Fully owned 478 35.2
    Rented 206 15.2
    Other tenure type 16 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals