Suburb Profile Report for Magenta NSW (2261)

Magenta House: Median price $1,007,500, Annual capital growth 4.36%, Number of sales 12, Weekly median advertised rent N/A

Magenta Unit: Median price $530,000, Annual capital growth 0.33%, Number of sales 26, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Magenta has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 22.49% to date .

NSW has seen average median house prices change by 8.39% which means that Magenta, 2261 has done well for property investors by showing a capital gain of 0.62% over the last year

Taking the average capital gain, or increase in median house value, Magenta,2261 has racked up an average of 0.62% over the period. This ranks it number 1337th in the whole country for real estate investors looking at median house price increases.

In the last year 26 properties changed hands in Magenta, which puts it as the 402th most active market in NSW when comparing the number of sales per suburb.

Magenta is 123th on a list of best yielding suburbs for rents in NSW with a 4.71% return

Metrics i HOUSE UNIT
$1,007,500 $530,000
N/A 6.00%
22.49% 0.62%
4.36% 0.33%
N/A $480
12 26
N/A 4.71%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Magenta NSW
Demographics
Total population 89
Median household income ($/weekly) 2083
Median age of persons 51
Median housing loan repayment ($/monthly) 5200
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 14 15.7
    25-34 years 11 12.4
    35-44 years 17 19.1
    55-64 years 21 23.6
    65-74 years 14 15.7
    Others 12 13.5
    Age Group
    Census Count Percent(%)
    Registered Married 38 74.5
    Not Married 10 19.6
    Defacto Relationship 3 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 60 71.4
    Japan 3 3.6
    South Africa 6 7.1
    United Kingdom 8 9.5
    Other 4 4.8
    Others 3 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 66 79.5
    No Religion 17 20.5
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 3 11.5
    $800-$999 3 11.5
    $1,500-$1,999 7 26.9
    $2,000-$2,499 3 11.5
    $2,500-$2,999 7 26.9
    Others 3 11.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 27 45.8
    Employed, worked full-time 22 37.3
    Employed, worked part-time 10 16.9
    Employed, away from work 0 0.0
    Unemployed, looking for work 0 0.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 12 41.4
    Professionals 8 27.6
    Sales 6 20.7
    Clerical & administrative workers 3 10.3
    Technicians & trades workers 0 0.0
    Others 0 0.0
    Occupation
    Census Count Percent(%)
    Pre-school 6 40.0
    Technical or Further Educational Institution 6 40.0
    Infants/Primary 3 20.0
    Secondary 0 0.0
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 74 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 15 48.4
    Fully owned 10 32.3
    Being purchased 6 19.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals