Suburb Profile Report for Jindabyne NSW (2627)

Jindabyne House: Median price $500,000, Annual capital growth 5.35%, Number of sales 38, Weekly median advertised rent $550

Jindabyne Unit: Median price $230,006, Annual capital growth 0.97%, Number of sales 155, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Jindabyne, 2627 have given investors a capital gain of 4.82%. This compares averagely with the 6.87% for NSW as a whole.

While Jindabyne,2627 ranked number 106th in NSW for increase in median house value (annualised) increase, it is ranked 804th over the last 5 years.

Jindabyne, 2627 is offering NSW ‘s 295th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

With a capital gain of 1.32% for the last 12 months, Jindabyne, 2627 has performed for property investments than its average annual 0.97% property growth over the last 5 years.

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 -4.42. This rate of discount on properties puts Suburb at number 364th in terms of most discounted suburbs in NSW

In the last year 155 properties changed hands in Jindabyne, which puts it as the 91th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Jindabyne being $230006 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.78%

HOUSE UNIT
$500,000 $230,006
9.89% 0.00%
4.82% 1.32%
5.35% 0.97%
$550 $300
38 155
5.72% 6.78%
89.64 84.62

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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Recent sales & rentals