Suburb Profile Report for Molong NSW (2866)

Molong House: Median price $260,000, Annual capital growth 2.53%, Number of sales 62, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Molong is in the bottom 10% in NSW when comparing median price capital growth over the last year. Molong gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.57%.

The five-year average increase in median property values for Molong,2866 has given property investors a potential capital gain of -8.29% across each of those five years.

Property buyers and investors in Molong 2866 should be seeing an average reduction in asking price of around -6.13% . This means that Molong is holding prices well when compared to other suburbs in NSW.

Metrics i HOUSE UNIT
$260,000 N/A
2.16% N/A
-9.57% N/A
2.53% N/A
$260 N/A
62 N/A
5.20% N/A
133.54 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2515
Median household income ($/weekly) 1008
Median age of persons 39
Median housing loan repayment ($/monthly) 1417
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 401 15.9
    25-34 years 261 10.4
    35-44 years 274 10.9
    45-54 years 335 13.3
    55-64 years 312 12.4
    Others 933 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 986 56.3
    Not Married 631 36.0
    Defacto Relationship 134 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2268 93.3
    Papua New Guinea 23 0.9
    South Africa 13 0.5
    United Kingdom 79 3.2
    Other 21 0.9
    Others 28 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 2030 85.3
    No Religion 326 13.7
    Buddhism 13 0.5
    Other Religious Groups 12 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 80 9.8
    $400-$599 124 15.2
    $1,000-$1,249 92 11.2
    $1,500-$1,999 93 11.4
    $2,000-$2,499 78 9.5
    Others 351 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 758 40.4
    Employed, worked full-time 721 38.4
    Employed, worked part-time 287 15.3
    Employed, away from work 71 3.8
    Unemployed, looking for work 40 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 235 21.8
    Professionals 150 13.9
    Technicians & trades workers 162 15.0
    Clerical & administrative workers 147 13.6
    Labourers 104 9.7
    Others 279 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 67 10.7
    Infants/Primary 250 40.0
    Secondary 213 34.1
    Technical or Further Educational Institution 51 8.2
    University or other Tertiary Institutions 37 5.9
    Others 7 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2245 95.4
    Flat, unit or apartment 38 1.6
    Semi-detached, row or terrace house, townhouse 35 1.5
    House or flat attached to a shop, office 20 0.8
    Caravan, cabin, houseboat 15 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 369 41.5
    Being purchased 314 35.3
    Rented 194 21.8
    Other tenure type 13 1.5
    Tenure Type
Census 2011, ABS
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