Suburb Profile Report for Berrigan NSW (2712)

Berrigan House: Median price $145,000, Annual capital growth 5.77%, Number of sales 24, Weekly median advertised rent $205

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

Source: CoreLogic

  • House Report

Investment property in Berrigan has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.75%

Taking the average capital gain, or increase in median house value, Berrigan,2712 has racked up an average of 1.75% over the period. This ranks it number 3955th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Berrigan is giving property investors an average Vendor Discount of around -9.10%. This puts suburb at number 71th in NSW when ranking the most discounted suburbs.

Residents and property investors in Berrigan have been waiting around 180.16 days to sell a property.

With the median price for a house in Berrigan being $145000 and the advertised rent reaching $205 the gross rental yield for property investors calculates out to be 7.35%

Metrics i HOUSE UNIT
$145,000 N/A
-9.38% N/A
1.75% N/A
5.77% N/A
$205 N/A
24 N/A
7.35% N/A
180.16 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1090
Median household income ($/weekly) 693
Median age of persons 49
Median housing loan repayment ($/monthly) 1000
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 130 11.9
    35-44 years 121 11.1
    45-54 years 146 13.4
    55-64 years 176 16.1
    65-74 years 156 14.3
    Others 362 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 404 49.9
    Not Married 332 41.0
    Defacto Relationship 74 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 981 94.2
    Greece 4 0.4
    New Zealand 7 0.7
    Papua New Guinea 9 0.9
    United Kingdom 34 3.3
    Others 6 0.6
    Country of Birth
    Census Count Percent(%)
    Christianity 805 82.4
    No Religion 158 16.2
    Buddhism 5 0.5
    Other Religious Groups 5 0.5
    Islam 4 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 53 12.3
    $400-$599 94 21.8
    $600-$799 60 13.9
    $800-$999 57 13.2
    $1,000-$1,249 41 9.5
    Others 126 29.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 356 41.4
    Employed, worked full-time 302 35.2
    Employed, worked part-time 143 16.6
    Employed, away from work 41 4.8
    Unemployed, looking for work 17 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 97 20.2
    Technicians & trades workers 60 12.5
    Community & personal service workers 55 11.5
    Machinery operators & drivers 68 14.2
    Labourers 59 12.3
    Others 141 29.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 80 42.8
    Secondary 78 41.7
    Technical or Further Educational Institution 17 9.1
    Pre-school 7 3.7
    University or other Tertiary Institutions 5 2.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 967 95.4
    Semi-detached, row or terrace house, townhouse 30 3.0
    House or flat attached to a shop, office 11 1.1
    Caravan, cabin, houseboat 6 0.6
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 213 46.9
    Being purchased 134 29.5
    Rented 103 22.7
    Other tenure type 4 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals