Suburb Profile Report for Jindabyne NSW (2627)

Jindabyne House: Median price $492,500, Annual capital growth 4.48%, Number of sales 36, Weekly median advertised rent $550

Jindabyne Unit: Median price $232,000, Annual capital growth 0.72%, Number of sales 151, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Jindabyne 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 2.82%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Jindabyne has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Jindabyne is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 239th in terms of most discounted suburbs in NSW

At number 2849 in a list of fastest selling suburbs, Jindabyne is in the bottom 30% of suburbs in Australia with an average of days on market 108.18 for properties listed there.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 5.81%, without taking into account capital value appreciation, which has been averaging out at 4.48%.

Jindabyne is an average performer in NSW when comparing median price capital growth over the last year. Jindabyne gave property investors a average capital gain figure when compared to the rest of the state, with 3.11%.

The five-year average increase in median property values for Jindabyne,2627 has given property investors a potential capital gain of 7.91% across each of those five years.

Our latest figures would indicate that property sellers in Jindabyne are currently offering property investors an average price cut of -3.54% below the asking price at the moment.

Situated 319.74km from the CBD, Jindabyne is one of Snowy River localities in the postcode 2627.

HOUSE UNIT
$492,500 $232,000
3.14% -1.49%
2.82% 3.11%
4.48% 0.72%
$550 $330
36 151
5.81% 7.40%
108.18 88.01

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2440
Median household income ($/weekly) 1239
Median age of persons 31
Median housing loan repayment ($/monthly) 1600
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 314 12.9
    15-19 years 231 9.5
    25-34 years 407 16.7
    35-44 years 385 15.8
    45-54 years 336 13.8
    Others 767 31.4
    Age Group
    Census Count Percent(%)
    Not Married 642 46.3
    Registered Married 573 41.3
    Defacto Relationship 172 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1775 85.7
    Papua New Guinea 30 1.4
    Thailand 16 0.8
    United Kingdom 90 4.3
    Other 66 3.2
    Others 95 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 1.5
    Christianity 1191 61.2
    Islam 6 0.3
    Other Religious Groups 7 0.4
    No Religion 706 36.3
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 70 10.8
    $800-$999 64 9.8
    $1,000-$1,249 75 11.5
    $1,500-$1,999 88 13.5
    $2,000-$2,499 74 11.4
    Others 280 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 886 52.7
    Employed, worked part-time 371 22.1
    Not in the labour force 309 18.4
    Employed, away from work 92 5.5
    Unemployed, looking for work 24 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 209 15.5
    Professionals 151 11.2
    Technicians & trades workers 234 17.3
    Community & personal service workers 215 15.9
    Sales 157 11.6
    Others 384 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 38 6.9
    Infants/Primary 165 29.9
    Secondary 185 33.6
    Technical or Further Educational Institution 86 15.6
    University or other Tertiary Institutions 60 10.9
    Others 17 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1202 61.2
    Semi-detached, row or terrace house, townhouse 248 12.6
    Flat, unit or apartment 443 22.5
    Caravan, cabin, houseboat 63 3.2
    Improvised home, tent, sleepers out 6 0.3
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 267 38.8
    Being purchased 242 35.2
    Fully owned 176 25.6
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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