Suburb Profile Report for Faulconbridge NSW (2776)

Faulconbridge House: Median price $610,000, Annual capital growth 5.94%, Number of sales 67, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in Faulconbridge has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.67%

Faulconbridge,2776 was ranked 496 in Australia by increase in median property value over the quarter.

Faulconbridge, 2776 is offering NSW ‘s 571th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

In the last year 67 properties changed hands in Faulconbridge, which puts it as the 480th most active market in NSW when comparing the number of sales per suburb.

The NSW suburb of Faulconbridge, 2776 is in the Blue Mountains local government area.

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Faulconbridge is a small community within NSW’s Blue Mountains region. It is roughly 77km west of Sydney, perched within a high lying hilly area. Despite its small size, it is well equipped. A decent selection of shops, petrol stations and restaurants line its main street, while a train station and preschool are nearby.

Full summary

Faulconbridge is a small community within NSW’s Blue Mountains region. It is roughly 77km west of Sydney, perched within a high lying hilly area. Despite its small size, it is well equipped. A decent selection of shops, petrol stations and restaurants line its main street, while a train station and preschool are nearby.     

Rental yields are currently very favourable – over 8% – while the low proportion of renters in the area (13%), suggests that there is little competition for rents among landlords. With a vacancy rate of only 1.46%, the struggle may in fact be on the tenants’ side to find a property they can rent, hinting that rental growth may continue.

The 97 days in which properties are typically on the market indicates that buyers are fairly interested in the area. They’ll have certain difficulties getting into it, however, with just 1.48% of properties in the town up for sale. With limited supply and good demand, prices could very well march upwards soon.

Close
HOUSE UNIT
$610,000 N/A
5.14% N/A
11.67% N/A
5.94% N/A
$430 N/A
67 N/A
3.67% N/A
47.76 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 3990
Median household income ($/weekly) 1585
Median age of persons 40
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 549 13.8
    25-34 years 400 10.0
    35-44 years 546 13.7
    45-54 years 655 16.4
    55-64 years 567 14.2
    Others 1273 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 1607 53.9
    Not Married 1092 36.7
    Defacto Relationship 280 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3240 83.4
    Greece 27 0.7
    Papua New Guinea 47 1.2
    United Kingdom 288 7.4
    Other 92 2.4
    Others 190 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.0
    Christianity 2622 70.5
    Judaism 10 0.3
    Other Religious Groups 30 0.8
    No Religion 1015 27.3
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 111 8.6
    $1,000-$1,249 109 8.5
    $1,500-$1,999 198 15.4
    $2,000-$2,499 159 12.4
    $2,500-$2,999 122 9.5
    Others 585 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1223 39.5
    Not in the labour force 944 30.5
    Employed, worked part-time 684 22.1
    Employed, away from work 130 4.2
    Unemployed, looking for work 116 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 228 11.2
    Professionals 638 31.4
    Technicians & trades workers 247 12.1
    Community & personal service workers 248 12.2
    Clerical & administrative workers 287 14.1
    Others 387 19.0
    Occupation
    Census Count Percent(%)
    Pre-school 97 8.7
    Infants/Primary 345 31.1
    Secondary 327 29.5
    Technical or Further Educational Institution 99 8.9
    University or other Tertiary Institutions 206 18.6
    Others 35 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3811 98.6
    Flat, unit or apartment 28 0.7
    Semi-detached, row or terrace house, townhouse 17 0.4
    House or flat attached to a shop, office 8 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 627 44.8
    Fully owned 542 38.7
    Rented 225 16.1
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals