Suburb Profile Report for Kurmond NSW (2757)

Kurmond House: Median price $937,500, Annual capital growth 10.26%, Number of sales 11, Weekly median advertised rent $575

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Kurmond, 2757 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.28%

Across a shorter period, Kurmond, 2757 has seen a median price increase of 1.35% over the last quarter.

In the last year 11 properties changed hands in Kurmond, which puts it as the 1416th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Kurmond being $937500 and the advertised rent reaching $575 the gross rental yield for property investors calculates out to be 3.19%

Metrics i HOUSE UNIT
$937,500 N/A
1.35% N/A
12.28% N/A
10.26% N/A
$575 N/A
11 N/A
3.19% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 876
Median household income ($/weekly) 1570
Median age of persons 42
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 117 13.4
    35-44 years 128 14.6
    45-54 years 138 15.8
    55-64 years 137 15.6
    65-74 years 88 10.0
    Others 268 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 376 58.8
    Not Married 215 33.6
    Defacto Relationship 48 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 679 85.0
    Netherlands 14 1.8
    Papua New Guinea 10 1.3
    United Kingdom 43 5.4
    Other 14 1.8
    Others 39 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 5 0.6
    Christianity 595 76.5
    Hinduism 9 1.2
    Islam 5 0.6
    No Religion 161 20.7
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 28 10.8
    $800-$999 20 7.7
    $1,500-$1,999 49 18.9
    $2,000-$2,499 30 11.6
    $2,500-$2,999 23 8.9
    Others 109 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 242 36.8
    Not in the labour force 224 34.1
    Employed, worked part-time 155 23.6
    Employed, away from work 23 3.5
    Unemployed, looking for work 13 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 67 16.1
    Professionals 93 22.3
    Technicians & trades workers 57 13.7
    Clerical & administrative workers 69 16.5
    Sales 38 9.1
    Others 93 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 18 8.6
    Infants/Primary 70 33.5
    Secondary 76 36.4
    Technical or Further Educational Institution 16 7.7
    University or other Tertiary Institutions 23 11.0
    Others 6 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 787 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    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 126 44.4
    Fully owned 117 41.2
    Rented 38 13.4
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals