Suburb Profile Report for Jindabyne NSW (2627)

Jindabyne House: Median price $452,500, Annual capital growth 4.38%, Number of sales 32, Weekly median advertised rent $450

Jindabyne Unit: Median price $230,000, Annual capital growth 0.77%, Number of sales 124, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Jindabyne, 2627 ranked 1221th in NSW when comparing growth in median property values or capital gain over the last 12 months. Jindabyne is one of 3162 in our list for NSW

Jindabyne,2627 was ranked 3724 in Australia by increase in median property value over the quarter.

The most recent median price for Jindabyne is $452500, with sellers offering an average of -7.50% off the asking price.

Advertised rents are around the $450 mark per week – giving a return of 5.17% based on the median price in Suburb

If you compare the increase in value of investment property in Jindabyne, 2627 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.22%.

Across a shorter period, Jindabyne, 2627 has seen a median price increase of 0.22% over the last quarter.

Property investors looking for a bargain in Jindabyne should be aiming for at least -4.27% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 10.33 sales per month, which equates to 124 per year.

With the median price for a house in Jindabyne being $230000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.33%

HOUSE UNIT
$452,500 $230,000
-5.73% 0.22%
-2.69% 2.22%
4.38% 0.77%
$450 $280
32 124
5.17% 6.33%
129.69 88.69

Source: CoreLogic

DSR Score for property investment : Above average (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