Suburb Profile Report for Buronga NSW (2739)

Buronga House: Median price $222,500, Annual capital growth 4.06%, Number of sales 28, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report

With a capital gain of -21.10% for the last 12 months, Buronga, 2739 has performed for property investments than its average annual 4.06% property growth over the last 5 years.

Across a shorter period, Buronga, 2739 has seen a median price increase of -11.00% over the last quarter.

Property investors looking for a bargain in Buronga should be aiming for at least -6.97% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Buronga being $222500 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 5.96%

Metrics i HOUSE UNIT
$222,500 N/A
-11.00% N/A
-21.10% N/A
4.06% N/A
$255 N/A
28 N/A
5.96% N/A
83.56 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Buronga NSW
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
Chart Table
Recent sales & rentals