Suburb Profile Report for Jerrabomberra NSW (2619)

Jerrabomberra House: Median price $700,000, Annual capital growth 3.33%, Number of sales 148, Weekly median advertised rent $600

Jerrabomberra Unit: Median price $433,750, Annual capital growth 3.83%, Number of sales 29, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2858th in the list of Australian suburbs ordered by increase in median house value over the last year, Jerrabomberra, 2619 is in the BOTTOM 40% with a property value increase of 0.81% recorded in median house prices.

Over the longer term, Jerrabomberra has seen property prices show investors a 12.90% return over the last 3 years. This is worse than over the last 12 months

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 Jerrabomberra itself are offering an average vendor discount of -3.47% to real estate investors.

Using the current median advertised rental of $600 and the average annual increase in value of a median property of 3.33%, investors should hope to achieve an overall return of 4.46%

Jerrabomberra is in the bottom 30% in NSW when comparing median price capital growth over the last year. Jerrabomberra gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.41%.

Taking the average capital gain, or increase in median house value, Jerrabomberra,2619 has racked up an average of 0.41% over the period. This ranks it number 750th in the whole country for real estate investors looking at median house price increases.

Jerrabomberra, 2619 is offering NSW ‘s 337th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

In the last year 29 properties changed hands in Jerrabomberra, which puts it as the 376th most active market in NSW when comparing the number of sales per suburb.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.80%, without taking into account capital value appreciation, which has been averaging out at 3.83%.

Metrics i HOUSE UNIT
$700,000 $433,750
0.00% -11.03%
0.81% 0.41%
3.33% 3.83%
$600 $400
148 29
4.46% 4.80%
84.83 90.4

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 9420
Median household income ($/weekly) 2691
Median age of persons 34
Median housing loan repayment ($/monthly) 2400
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 804 8.5
    5-14 years 1737 18.4
    25-34 years 1059 11.2
    35-44 years 1904 20.2
    45-54 years 1530 16.2
    Others 2386 25.3
    Age Group
    Census Count Percent(%)
    Registered Married 4014 62.0
    Not Married 1907 29.4
    Defacto Relationship 558 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7728 84.0
    Papua New Guinea 165 1.8
    United Kingdom 388 4.2
    United States of America 87 0.9
    Other 232 2.5
    Others 602 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 0.9
    Christianity 6781 76.0
    Hinduism 53 0.6
    Islam 74 0.8
    No Religion 1870 21.0
    Others 58 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 330 12.3
    $2,000-$2,499 312 11.7
    $2,500-$2,999 429 16.0
    $3,000-$3,499 393 14.7
    $4,000 or more 466 17.4
    Others 748 27.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3821 56.9
    Employed, worked part-time 1330 19.8
    Not in the labour force 1126 16.8
    Employed, away from work 342 5.1
    Unemployed, looking for work 99 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 1105 20.1
    Professionals 1286 23.4
    Technicians & trades workers 590 10.7
    Community & personal service workers 466 8.5
    Clerical & administrative workers 1148 20.9
    Others 896 16.3
    Occupation
    Census Count Percent(%)
    Pre-school 184 6.2
    Infants/Primary 1166 39.2
    Secondary 932 31.3
    Technical or Further Educational Institution 220 7.4
    University or other Tertiary Institutions 417 14.0
    Others 59 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8310 91.3
    Semi-detached, row or terrace house, townhouse 788 8.7
    House or flat attached to a shop, office 4 0.0
    Flat, unit or apartment 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1621 55.0
    Fully owned 669 22.7
    Rented 651 22.1
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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