Suburb Profile Report for Freemans Reach NSW (2756)

Freemans Reach House: Median price $710,000, Annual capital growth 6.03%, Number of sales 29, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Freemans Reach, 2756 have given investors a capital gain of -7.57%. This compares very badly with the 11.06% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Freemans Reach has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Freemans Reach itself are offering an average vendor discount of -4.57% to real estate investors.

Advertised rents are around the $600 mark per week – giving a return of 4.39% based on the median price in Suburb

Metrics i HOUSE UNIT
$710,000 N/A
-4.05% N/A
-7.57% N/A
6.03% N/A
$600 N/A
29 N/A
4.39% N/A
41.65 N/A

Source: CoreLogic

DSR Score for property investment : Good (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
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