Suburb Profile Report for Colo Vale NSW (2575)

Colo Vale House: Median price $600,000, Annual capital growth 6.71%, Number of sales 35, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Investment property in Colo Vale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.54%

Colo Vale,2575 was ranked 4041 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Colo Vale should be aiming for at least -5.20% off the asking price, which is the average vendor discount being achieved at the moment.

At number 905 in a list of fastest selling suburbs, Colo Vale is in the TOP 30% of suburbs in Australia with an average of days on market 54.14 for properties listed there.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

Metrics i HOUSE UNIT
$600,000 N/A
-13.04% N/A
5.54% N/A
6.71% N/A
$450 N/A
35 N/A
3.90% N/A
54.14 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1718
Median household income ($/weekly) 1331
Median age of persons 38
Median housing loan repayment ($/monthly) 1780
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 284 16.5
    35-44 years 252 14.7
    45-54 years 278 16.2
    55-64 years 202 11.8
    65-74 years 144 8.4
    Others 558 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 664 54.1
    Not Married 450 36.7
    Defacto Relationship 113 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1441 86.2
    Greece 14 0.8
    Papua New Guinea 21 1.3
    United Kingdom 99 5.9
    Other 36 2.2
    Others 60 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.4
    Christianity 1246 77.8
    Judaism 10 0.6
    Other Religious Groups 5 0.3
    No Religion 330 20.6
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 52 10.2
    $800-$999 55 10.8
    $1,250-$1,499 54 10.6
    $1,500-$1,999 88 17.3
    $2,000-$2,499 50 9.8
    Others 211 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 490 38.2
    Not in the labour force 405 31.6
    Employed, worked part-time 309 24.1
    Employed, away from work 49 3.8
    Unemployed, looking for work 29 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 102 12.0
    Professionals 135 15.9
    Technicians & trades workers 164 19.4
    Clerical & administrative workers 104 12.3
    Labourers 99 11.7
    Others 243 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 38 8.1
    Infants/Primary 179 38.1
    Secondary 162 34.5
    Technical or Further Educational Institution 32 6.8
    University or other Tertiary Institutions 41 8.7
    Others 18 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1641 98.9
    Semi-detached, row or terrace house, townhouse 11 0.7
    Flat, unit or apartment 4 0.2
    Caravan, cabin, houseboat 3 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 263 46.1
    Fully owned 191 33.5
    Rented 114 20.0
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals