Suburb Profile Report for Metford NSW (2323)

Metford House: Median price $380,000, Annual capital growth 3.40%, Number of sales 76, Weekly median advertised rent $370

Metford Unit: Median price $287,500, Annual capital growth 0.74%, Number of sales 16, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Metford, 2323 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.47%.

Taking the average capital gain, or increase in median house value, Metford,2323 has racked up an average of 10.47% over the period. This ranks it number 2577th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Metford is giving property investors an average Vendor Discount of around -2.95%. This puts suburb at number 737th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.

The NSW suburb of Metford, 2323 is in the Maitland local government area.

Giving property investors a a poor capital gain of -5.43% for the last year, Metford, 2323 is the 1410th highest performer in Australia in this respect.

Over the longer term, Metford has seen property prices show investors a -0.86% return over the last 3 years. This is worse than over the last 12 months

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Metrics i HOUSE UNIT
$380,000 $287,500
1.33% 7.88%
10.47% -5.43%
3.40% 0.74%
$370 $300
76 16
5.06% 5.43%
30.31 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 4871
Median household income ($/weekly) 1170
Median age of persons 31
Median housing loan repayment ($/monthly) 1670
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 739 15.2
    25-34 years 743 15.3
    35-44 years 711 14.6
    45-54 years 617 12.7
    55-64 years 496 10.2
    Others 1566 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 1577 46.1
    Not Married 1410 41.2
    Defacto Relationship 433 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4214 90.7
    Indonesia 41 0.9
    Papua New Guinea 38 0.8
    United Kingdom 89 1.9
    Other 81 1.7
    Others 184 4.0
    Country of Birth
    Census Count Percent(%)
    Christianity 3598 79.6
    Hinduism 41 0.9
    Islam 21 0.5
    Other Religious Groups 27 0.6
    No Religion 818 18.1
    Others 17 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 158 10.0
    $600-$799 173 10.9
    $800-$999 158 10.0
    $1,000-$1,249 181 11.4
    $1,500-$1,999 239 15.1
    Others 673 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1383 39.4
    Not in the labour force 1201 34.2
    Employed, worked part-time 670 19.1
    Unemployed, looking for work 139 4.0
    Employed, away from work 115 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 264 12.2
    Technicians & trades workers 414 19.1
    Clerical & administrative workers 333 15.4
    Machinery operators & drivers 260 12.0
    Labourers 275 12.7
    Others 621 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 121 9.6
    Infants/Primary 474 37.5
    Secondary 353 27.9
    Technical or Further Educational Institution 145 11.5
    University or other Tertiary Institutions 140 11.1
    Others 30 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4322 93.0
    Flat, unit or apartment 235 5.1
    Semi-detached, row or terrace house, townhouse 92 2.0
    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 715 42.6
    Rented 596 35.5
    Fully owned 361 21.5
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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