Suburb Profile Report for Singleton NSW (2330)

Singleton House: Median price $380,000, Annual capital growth 2.14%, Number of sales 123, Weekly median advertised rent $400

Singleton Unit: Median price $217,500, Annual capital growth 7.32%, Number of sales 21, Weekly median advertised rent $280

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Singleton has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.30% to date .

Over the longer term, Singleton has seen property prices show investors a 11.76% return over the last 3 years. This is worse than over the last 12 months

Singleton2330 is located in NSW which offers an average discount of -6.46% to property investors. Singleton itself is showing figures that indicate -6.93% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 10.25 sales per month, which equates to 123 per year.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Property investors who have had real estate in Singleton, 2330 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.97%

Comparing Singleton,2330 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property buyers and investors in Singleton 2330 should be seeing an average reduction in asking price of around -4.93% . This means that Singleton is holding prices well when compared to other suburbs in NSW.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 6.69%, without taking into account capital value appreciation, which has been averaging out at 7.32%.

Metrics i HOUSE UNIT
$380,000 $217,500
0.00% 3.57%
-1.30% -3.97%
2.14% 7.32%
$400 $280
123 21
5.47% 6.69%
104.632911392405 122.0625

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. 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 5509
Median household income ($/weekly) 1314
Median age of persons 38
Median housing loan repayment ($/monthly) 1842
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 707 12.8
    25-34 years 707 12.8
    35-44 years 719 13.0
    45-54 years 774 14.0
    55-64 years 569 10.3
    Others 2034 36.9
    Age Group
    Census Count Percent(%)
    Not Married 1799 44.7
    Registered Married 1760 43.7
    Defacto Relationship 464 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4799 91.4
    Papua New Guinea 130 2.5
    Philippines 22 0.4
    United Kingdom 127 2.4
    Other 39 0.7
    Others 132 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.6
    Christianity 4281 83.1
    Islam 8 0.2
    Other Religious Groups 14 0.3
    No Religion 808 15.7
    Others 13 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 166 8.8
    $400-$599 179 9.5
    $600-$799 160 8.5
    $1,500-$1,999 204 10.8
    $2,500-$2,999 242 12.8
    Others 936 49.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1734 40.7
    Not in the labour force 1558 36.6
    Employed, worked part-time 670 15.7
    Employed, away from work 166 3.9
    Unemployed, looking for work 129 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 337 13.1
    Technicians & trades workers 476 18.5
    Clerical & administrative workers 284 11.0
    Machinery operators & drivers 510 19.8
    Labourers 280 10.9
    Others 684 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 99 8.0
    Infants/Primary 439 35.6
    Secondary 403 32.7
    Technical or Further Educational Institution 176 14.3
    University or other Tertiary Institutions 87 7.1
    Others 29 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4527 88.0
    Flat, unit or apartment 349 6.8
    Semi-detached, row or terrace house, townhouse 226 4.4
    House or flat attached to a shop, office 38 0.7
    Improvised home, tent, sleepers out 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 711 34.7
    Fully owned 710 34.6
    Being purchased 621 30.3
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
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