Suburb Profile Report for Molong NSW (2866)

Molong House: Median price $257,250, Annual capital growth 2.57%, Number of sales 56, 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 -10.52%.

Comparing Molong,2866 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Molong2866 is located in NSW which offers an average discount of -5.49% to property investors. Molong itself is showing figures that indicate -6.64% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $260 mark per week – giving a return of 5.26% based on the median price in Suburb

Metrics i HOUSE UNIT
$257,250 N/A
2.18% N/A
-10.52% N/A
2.57% N/A
$260 N/A
56 N/A
5.26% N/A
130.12 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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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