Suburb Profile Report for Fletcher NSW (2287)

Fletcher House: Median price $590,000, Annual capital growth 3.64%, Number of sales 129, Weekly median advertised rent $510

  • 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 Fletcher have tracked close to the NSW average of -4.28% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fletcher has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Fletcher, 2287. Typically our figures indicate that -6.84% is being offered, which puts this NSW suburb at 1527th most discounted overall in Australia.

Using the current median advertised rental of $510 and the average annual increase in value of a median property of 3.64%, investors should hope to achieve an overall return of 4.49%

Metrics i HOUSE UNIT
$590,000 N/A
-5.22% N/A
-5.60% N/A
3.64% N/A
$510 N/A
129 N/A
4.49% N/A
81.952380952381 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 : Above average (H), Above average (U)
Find a mortgage broker in Fletcher NSW
Demographics
Total population 2730
Median household income ($/weekly) 2177
Median age of persons 32
Median housing loan repayment ($/monthly) 2250
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 245 9.0
    5-14 years 541 19.8
    25-34 years 352 12.9
    35-44 years 578 21.2
    45-54 years 342 12.5
    Others 672 24.6
    Age Group
    Census Count Percent(%)
    Registered Married 1204 65.6
    Not Married 499 27.2
    Defacto Relationship 133 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2316 87.4
    Indonesia 30 1.1
    Papua New Guinea 30 1.1
    United Kingdom 68 2.6
    Other 52 2.0
    Others 155 5.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.3
    Christianity 1960 75.8
    Hinduism 47 1.8
    Islam 59 2.3
    No Religion 467 18.1
    Others 18 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 51 7.1
    $1,500-$1,999 121 16.9
    $2,000-$2,499 132 18.5
    $2,500-$2,999 123 17.2
    $3,000-$3,499 87 12.2
    Others 200 28.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 907 48.0
    Employed, worked part-time 441 23.3
    Not in the labour force 420 22.2
    Employed, away from work 76 4.0
    Unemployed, looking for work 47 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 165 11.6
    Professionals 309 21.7
    Technicians & trades workers 205 14.4
    Clerical & administrative workers 233 16.4
    Sales 146 10.2
    Others 367 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 75 8.8
    Infants/Primary 365 42.6
    Secondary 251 29.3
    Technical or Further Educational Institution 56 6.5
    University or other Tertiary Institutions 92 10.7
    Others 17 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2614 99.1
    Semi-detached, row or terrace house, townhouse 18 0.7
    Flat, unit or apartment 5 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 553 70.2
    Fully owned 150 19.0
    Rented 82 10.4
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table