Suburb Profile Report for Kandos NSW (2848)

Kandos House: Median price $185,000, Annual capital growth 5.88%, Number of sales 39, Weekly median advertised rent $258

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Kandos is an average performer in NSW when comparing median price capital growth over the last year. Kandos gave property investors a average capital gain figure when compared to the rest of the state, with -2.89%.

A 15.99% growth in median value for property investors in Kandos,2848 puts this suburb at number 607th in terms of best performing suburbs in NSW

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Kandos itself are offering an average vendor discount of -7.93% to real estate investors.

With the median price for a house in Kandos being $185000 and the advertised rent reaching $257.5 the gross rental yield for property investors calculates out to be 7.24%

Information supplied by:




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Kandos, NSW – Coated with artistic flair

Postcode: 2848

Median house price: $184,000

Three-year growth: 36.3%

Rental yield: 7.3%

Tucked in the Central Tablelands, Kandos is a town that is located 65km from the wine-growing region of Mudgee. It once acted as a primary supplier of cement but it has gradually transformed into a thriving artistic hub.

Most shopping amenities and medical facilities can be accessed locally, with further options available in the nearby suburb of Rylstone, where there is a hospital in easy reach also.

There is a local school, and the many outdoors activities – ranging from fishing, kayaking and venturing on walking trails – make it a popular destination for families. The fairs that take place throughout the year also speak for the suburb’s anchorage in culture and a strong community spirit.

Metrics i HOUSE UNIT
$185,000 N/A
1.09% N/A
-2.89% N/A
5.88% N/A
$258 N/A
39 N/A
7.24% N/A
86.84375 N/A

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1283
Median household income ($/weekly) 614
Median age of persons 45
Median housing loan repayment ($/monthly) 1000
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 174 13.6
    35-44 years 154 12.0
    45-54 years 172 13.4
    55-64 years 164 12.8
    65-74 years 187 14.6
    Others 433 33.7
    Age Group
    Census Count Percent(%)
    Not Married 441 47.3
    Registered Married 371 39.8
    Defacto Relationship 121 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1095 88.4
    Japan 9 0.7
    Papua New Guinea 17 1.4
    United Kingdom 44 3.6
    Other 19 1.5
    Others 54 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.6
    Christianity 1000 83.2
    Hinduism 6 0.5
    Other Religious Groups 10 0.8
    No Religion 174 14.5
    Others 5 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 102 20.8
    $400-$599 88 18.0
    $600-$799 70 14.3
    $800-$999 40 8.2
    $1,500-$1,999 35 7.1
    Others 155 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 600 60.1
    Employed, worked full-time 203 20.3
    Employed, worked part-time 112 11.2
    Unemployed, looking for work 66 6.6
    Employed, away from work 18 1.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 49 14.7
    Technicians & trades workers 65 19.5
    Community & personal service workers 44 13.2
    Machinery operators & drivers 55 16.5
    Labourers 43 12.9
    Others 77 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 20 7.9
    Infants/Primary 102 40.2
    Secondary 96 37.8
    Technical or Further Educational Institution 19 7.5
    University or other Tertiary Institutions 11 4.3
    Others 6 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1172 96.5
    Flat, unit or apartment 17 1.4
    House or flat attached to a shop, office 16 1.3
    Semi-detached, row or terrace house, townhouse 10 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 244 45.5
    Rented 173 32.3
    Being purchased 115 21.5
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
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