Suburb Profile Report for Jindabyne NSW (2627)

Jindabyne House: Median price $540,000, Annual capital growth 5.11%, Number of sales 31, Weekly median advertised rent $580

Jindabyne Unit: Median price $292,000, Annual capital growth 1.39%, Number of sales 120, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Jindabyne, 2627 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.68%.

Property investors looking for a bargain in Jindabyne should be aiming for at least -4.34% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $580 and the average annual increase in value of a median property of 5.11%, investors should hope to achieve an overall return of 5.59%

Investment property in Jindabyne has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 26.41%

While Jindabyne,2627 ranked number 54th in NSW for increase in median house value (annualised) increase, it is ranked 357th over the last 5 years.

Jindabyne, 2627 is offering NSW ‘s 369th 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.

With the median price for a house in Jindabyne being $292000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.34%

Metrics i HOUSE UNIT
$540,000 $292,000
N/A 7.75%
18.68% 26.41%
5.11% 1.39%
$580 $300
31 120
5.59% 5.34%
84.05 67.67

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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Recent sales & rentals