Suburb Profile Report for Freemans Reach NSW (2756)

Freemans Reach House: Median price $722,500, Annual capital growth 7.16%, Number of sales 35, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report

With a capital gain of -3.67% for the last 12 months, Freemans Reach, 2756 has performed for property investments than its average annual 7.16% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Freemans Reach comes in at number 167th in NSW.

The most recent median price for Freemans Reach is $722500, with sellers offering an average of -4.72% off the asking price.

At number 1803 in a list of fastest selling suburbs, Freemans Reach is just in the top half of suburbs in Australia with an average of days on market 79.87 for properties listed there.

Advertised rents are around the $550 mark per week – giving a return of 3.96% based on the median price in Suburb

HOUSE UNIT
$722,500 N/A
-0.34% N/A
-3.67% N/A
7.16% N/A
$550 N/A
35 N/A
3.96% N/A
79.87 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2125
Median household income ($/weekly) 1518
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 314 14.8
    25-34 years 250 11.8
    35-44 years 306 14.4
    45-54 years 334 15.7
    55-64 years 242 11.4
    Others 680 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 795 52.8
    Not Married 558 37.1
    Defacto Relationship 152 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1779 89.0
    Croatia 13 0.7
    Netherlands 42 2.1
    Papua New Guinea 24 1.2
    United Kingdom 74 3.7
    Others 67 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.7
    Christianity 1599 82.3
    Hinduism 4 0.2
    Other Religious Groups 7 0.4
    No Religion 318 16.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 53 9.2
    $1,000-$1,249 66 11.5
    $1,500-$1,999 98 17.1
    $2,000-$2,499 75 13.1
    $2,500-$2,999 53 9.2
    Others 228 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 722 45.7
    Not in the labour force 416 26.3
    Employed, worked part-time 335 21.2
    Employed, away from work 71 4.5
    Unemployed, looking for work 36 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 190 16.9
    Professionals 143 12.7
    Technicians & trades workers 190 16.9
    Clerical & administrative workers 174 15.5
    Sales 113 10.1
    Others 313 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 40 8.0
    Infants/Primary 162 32.6
    Secondary 189 38.0
    Technical or Further Educational Institution 65 13.1
    University or other Tertiary Institutions 33 6.6
    Others 8 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1925 98.4
    Semi-detached, row or terrace house, townhouse 19 1.0
    Flat, unit or apartment 4 0.2
    Caravan, cabin, houseboat 4 0.2
    Improvised home, tent, sleepers out 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 302 48.6
    Fully owned 216 34.8
    Rented 98 15.8
    Other tenure type 5 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals