Suburb Profile Report for Condobolin NSW (2877)

Condobolin House: Median price $151,000, Annual capital growth 3.30%, Number of sales 50, Weekly median advertised rent $228

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

Source: CoreLogic

  • House Report

Condobolin has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -5.33% to date .

Comparing Condobolin,2877 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Condobolin2877 is located in NSW which offers an average discount of -5.49% to property investors. Condobolin itself is showing figures that indicate -8.83% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Condobolin have been waiting around 150.46 days to sell a property.

A $227.5 per week rent on the median house gives suburb investors a gross yield of circa 7.83%, without taking into account capital value appreciation, which has been averaging out at 3.30%.

Metrics i HOUSE UNIT
$151,000 N/A
-0.17% N/A
-5.33% N/A
3.30% N/A
$228 N/A
50 N/A
7.83% N/A
150.46 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 3742
Median household income ($/weekly) 867
Median age of persons 40
Median housing loan repayment ($/monthly) 953
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 528 14.1
    25-34 years 426 11.4
    35-44 years 445 11.9
    45-54 years 507 13.5
    55-64 years 485 13.0
    Others 1352 36.1
    Age Group
    Census Count Percent(%)
    Registered Married 1228 46.9
    Not Married 1060 40.5
    Defacto Relationship 328 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3393 96.2
    Papua New Guinea 17 0.5
    South Africa 14 0.4
    United Kingdom 35 1.0
    Other 24 0.7
    Others 43 1.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.6
    Christianity 3020 87.7
    Hinduism 3 0.1
    Australian Aboriginal Traditional Religions 6 0.2
    No Religion 390 11.3
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 134 10.9
    $400-$599 171 13.9
    $600-$799 149 12.1
    $800-$999 125 10.1
    $1,500-$1,999 143 11.6
    Others 511 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1064 38.3
    Employed, worked full-time 1051 37.8
    Employed, worked part-time 473 17.0
    Employed, away from work 103 3.7
    Unemployed, looking for work 88 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 404 24.8
    Professionals 217 13.3
    Technicians & trades workers 189 11.6
    Machinery operators & drivers 176 10.8
    Labourers 182 11.2
    Others 460 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 83 11.0
    Infants/Primary 324 43.0
    Secondary 231 30.6
    Technical or Further Educational Institution 68 9.0
    University or other Tertiary Institutions 41 5.4
    Others 7 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3362 97.6
    Semi-detached, row or terrace house, townhouse 10 0.3
    Flat, unit or apartment 42 1.2
    Caravan, cabin, houseboat 19 0.6
    Improvised home, tent, sleepers out 7 0.2
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 568 41.4
    Rented 438 31.9
    Being purchased 346 25.2
    Other tenure type 20 1.5
    Tenure Type
Census 2011, ABS
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