Suburb Profile Report for Noraville NSW (2263)

Noraville House: Median price $536,000, Annual capital growth 6.63%, Number of sales 47, Weekly median advertised rent $400

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

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

  • House Report

Property value increases in Noraville have tracked just higher than the NSW average of -4.28% over the last 12 months.

Noraville,2263 has offered an average of -2.55% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Noraville is offering property investors an average of -7.34. This rate of discount on properties puts Suburb at number 446th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 6.63%.

Metrics i HOUSE UNIT
$536,000 N/A
-5.80% N/A
-2.55% N/A
6.63% N/A
$400 N/A
47 N/A
3.88% N/A
68.2352941176471 N/A

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

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 2697
Median household income ($/weekly) 902
Median age of persons 43
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 337 12.5
    35-44 years 313 11.6
    45-54 years 388 14.4
    55-64 years 350 13.0
    65-74 years 270 10.0
    Others 1040 38.5
    Age Group
    Census Count Percent(%)
    Not Married 897 45.3
    Registered Married 881 44.5
    Defacto Relationship 202 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2291 89.4
    Italy 12 0.5
    Papua New Guinea 29 1.1
    United Kingdom 126 4.9
    Other 27 1.1
    Others 79 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1988 79.5
    No Religion 473 18.9
    Buddhism 22 0.9
    Other Religious Groups 14 0.6
    Islam 4 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 135 14.9
    $600-$799 126 13.9
    $800-$999 84 9.3
    $1,000-$1,249 84 9.3
    $1,500-$1,999 96 10.6
    Others 381 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 905 42.9
    Employed, worked full-time 626 29.7
    Employed, worked part-time 393 18.6
    Unemployed, looking for work 100 4.7
    Employed, away from work 85 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 179 16.2
    Technicians & trades workers 204 18.5
    Community & personal service workers 136 12.3
    Clerical & administrative workers 147 13.3
    Sales 147 13.3
    Others 292 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 48 8.1
    Infants/Primary 213 36.2
    Secondary 193 32.8
    Technical or Further Educational Institution 67 11.4
    University or other Tertiary Institutions 54 9.2
    Others 14 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2331 94.0
    Semi-detached, row or terrace house, townhouse 76 3.1
    Flat, unit or apartment 52 2.1
    House or flat attached to a shop, office 20 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 380 38.1
    Being purchased 326 32.7
    Rented 283 28.4
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
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