Suburb Profile Report for Molong NSW (2866)

Molong House: Median price $300,000, Annual capital growth 3.99%, Number of sales 57, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Molong, 2866 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.88%.

Molong,2866 has offered an average of 17.88% return per annum in house price rises to property investors over the last three years.

Molong, 2866 is offering NSW ‘s 286th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

The NSW suburb of Molong, 2866 is in the Cabonne local government area.

Metrics i HOUSE UNIT
$300,000 N/A
-2.44% N/A
17.88% N/A
3.99% N/A
$270 N/A
57 N/A
4.68% N/A
120.88 N/A

Source: CoreLogic

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