Suburb Profile Report for Denman NSW (2328)

Denman House: Median price $340,000, Annual capital growth 3.48%, Number of sales 38, Weekly median advertised rent $385

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

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

  • House Report

Investment property in Denman has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.42%

When looking at the potential capital gains offered to property investors over the last 3 years, Denman comes in at number 148th in NSW.

Property buyers and investors in Denman 2328 should be seeing an average reduction in asking price of around -5.74% . This means that Denman is holding prices well when compared to other suburbs in NSW.

A $385 per week rent on the median house gives suburb investors a gross yield of circa 5.89%, without taking into account capital value appreciation, which has been averaging out at 3.48%.

Metrics i HOUSE UNIT
$340,000 N/A
-2.86% N/A
7.42% N/A
3.48% N/A
$385 N/A
38 N/A
5.89% N/A
97.15 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 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 1800
Median household income ($/weekly) 1255
Median age of persons 38
Median housing loan repayment ($/monthly) 1600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 275 15.3
    25-34 years 198 11.0
    35-44 years 258 14.3
    45-54 years 255 14.2
    55-64 years 218 12.1
    Others 594 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 620 49.8
    Not Married 488 39.2
    Defacto Relationship 138 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1589 93.4
    Papua New Guinea 17 1.0
    Thailand 6 0.4
    United Kingdom 45 2.6
    Other 14 0.8
    Others 31 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1440 87.4
    No Religion 191 11.6
    Buddhism 7 0.4
    Other Religious Groups 6 0.4
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 57 9.5
    $400-$599 63 10.5
    $600-$799 55 9.2
    $1,500-$1,999 82 13.7
    $2,500-$2,999 67 11.2
    Others 275 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 538 40.2
    Not in the labour force 437 32.6
    Employed, worked part-time 259 19.3
    Employed, away from work 63 4.7
    Unemployed, looking for work 42 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 88 10.2
    Technicians & trades workers 179 20.7
    Clerical & administrative workers 98 11.3
    Machinery operators & drivers 160 18.5
    Labourers 102 11.8
    Others 237 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 35 9.1
    Infants/Primary 180 46.9
    Secondary 120 31.3
    Technical or Further Educational Institution 36 9.4
    University or other Tertiary Institutions 9 2.3
    Others 4 1.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1518 91.9
    Semi-detached, row or terrace house, townhouse 89 5.4
    Flat, unit or apartment 32 1.9
    House or flat attached to a shop, office 9 0.5
    Caravan, cabin, houseboat 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 230 36.2
    Fully owned 214 33.6
    Rented 184 28.9
    Other tenure type 8 1.3
    Tenure Type
Census 2011, ABS
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