Suburb Profile Report for Buronga NSW (2739)

Buronga House: Median price $230,000, Annual capital growth 2.26%, Number of sales 26, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report

Property value increases in Buronga have tracked lower than the NSW average of 11.06% over the last 12 months.

Comparing Buronga,2739 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Buronga is $230000, with sellers offering an average of -6.22% off the asking price.

Often selling an investment property can take time, and in Buronga the average time real estate has been on the market is 72 days.

A $255 per week rent on the median house gives suburb investors a gross yield of circa 5.77%, without taking into account capital value appreciation, which has been averaging out at 2.26%.

Metrics i HOUSE UNIT
$230,000 N/A
2.22% N/A
-8.00% N/A
2.26% N/A
$255 N/A
26 N/A
5.77% N/A
72 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1131
Median household income ($/weekly) 1107
Median age of persons 36
Median housing loan repayment ($/monthly) 1365
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 158 14.0
    25-34 years 142 12.6
    35-44 years 145 12.8
    45-54 years 175 15.5
    55-64 years 138 12.2
    Others 373 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 399 51.7
    Not Married 280 36.3
    Defacto Relationship 93 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 978 91.2
    Japan 22 2.1
    United Kingdom 30 2.8
    United States of America 8 0.7
    Other 13 1.2
    Others 21 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 710 69.4
    No Religion 301 29.4
    Judaism 7 0.7
    Buddhism 5 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 43 11.9
    $800-$999 33 9.2
    $1,000-$1,249 42 11.7
    $1,250-$1,499 32 8.9
    $1,500-$1,999 49 13.6
    Others 161 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 324 39.7
    Not in the labour force 280 34.3
    Employed, worked part-time 158 19.4
    Unemployed, looking for work 29 3.6
    Employed, away from work 25 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 79 15.6
    Professionals 110 21.7
    Technicians & trades workers 66 13.0
    Clerical & administrative workers 56 11.1
    Labourers 62 12.3
    Others 133 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 22 8.8
    Infants/Primary 96 38.6
    Secondary 79 31.7
    Technical or Further Educational Institution 30 12.0
    University or other Tertiary Institutions 16 6.4
    Others 6 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 999 94.7
    Flat, unit or apartment 51 4.8
    Semi-detached, row or terrace house, townhouse 5 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 161 41.6
    Fully owned 114 29.5
    Rented 112 28.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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