Suburb Profile Report for Adelong NSW (2729)

Adelong House: Median price $170,000, Annual capital growth 0.16%, Number of sales 20, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

At number 1137th in the list of Australian suburbs ordered by increase in median house value over the last year, Adelong, 2729 is in the top 30% with a property value increase of 9.68% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Adelong,2729 has racked up an average of 9.68% over the period. This ranks it number 3760th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Adelong is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Adelong the average time real estate has been on the market is 101.3 days.

With the median price for a house in Adelong being $170000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 7.65%

Metrics i HOUSE UNIT
$170,000 N/A
-4.23% N/A
9.68% N/A
0.16% N/A
$250 N/A
20 N/A
7.65% N/A
101.3 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 884
Median household income ($/weekly) 832
Median age of persons 40
Median housing loan repayment ($/monthly) 1170
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 138 15.6
    35-44 years 110 12.4
    45-54 years 120 13.6
    55-64 years 109 12.3
    65-74 years 109 12.3
    Others 298 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 312 49.8
    Not Married 228 36.4
    Defacto Relationship 87 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 788 94.4
    Indonesia 4 0.5
    Papua New Guinea 14 1.7
    United Kingdom 16 1.9
    Other 7 0.8
    Others 6 0.7
    Country of Birth
    Census Count Percent(%)
    Christianity 717 87.5
    No Religion 102 12.5
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 45 14.2
    $400-$599 46 14.5
    $600-$799 28 8.8
    $800-$999 38 12.0
    $1,500-$1,999 37 11.7
    Others 123 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 284 43.4
    Employed, worked full-time 233 35.6
    Employed, worked part-time 98 15.0
    Employed, away from work 20 3.1
    Unemployed, looking for work 20 3.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 57 16.1
    Community & personal service workers 44 12.4
    Clerical & administrative workers 40 11.3
    Machinery operators & drivers 52 14.7
    Labourers 55 15.5
    Others 106 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 25 12.6
    Infants/Primary 92 46.2
    Secondary 56 28.1
    Technical or Further Educational Institution 14 7.0
    University or other Tertiary Institutions 9 4.5
    Others 3 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 801 96.2
    Flat, unit or apartment 18 2.2
    House or flat attached to a shop, office 11 1.3
    Caravan, cabin, houseboat 3 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 154 45.8
    Being purchased 103 30.7
    Rented 79 23.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals