Suburb Profile Report for Freemans Reach NSW (2756)

Freemans Reach House: Median price $735,000, Annual capital growth 7.59%, Number of sales 34, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Freemans Reach is an average performer in NSW when comparing median price capital growth over the last year. Freemans Reach gave property investors a average capital gain figure when compared to the rest of the state, with 8.02%.

A 50.77% growth in median value for property investors in Freemans Reach,2756 puts this suburb at number 760th in terms of best performing suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Freemans Reach, 2756. Typically our figures indicate that -4.40% is being offered, which puts this NSW suburb at 3003th most discounted overall in Australia.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.54%, without taking into account capital value appreciation, which has been averaging out at 7.59%.

Metrics i HOUSE UNIT
$735,000 N/A
1.73% N/A
8.02% N/A
7.59% N/A
$500 N/A
34 N/A
3.54% N/A
80.72 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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