Suburb Profile Report for Muswellbrook NSW (2333)

Muswellbrook House: Median price $285,000, Annual capital growth 1.61%, Number of sales 199, Weekly median advertised rent $275

Muswellbrook Unit: Median price $205,000, Annual capital growth 9.83%, Number of sales 16, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Muswellbrook, 2333 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 unmoved in value by 0.00%

When looking at the potential capital gains offered to property investors over the last 3 years, Muswellbrook comes in at number 1363th in NSW.

Property investors looking for a bargain in Muswellbrook should be aiming for at least -4.47% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 16.58 sales per month, which equates to 199 per year.

A $275 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 1.61%.

Over the last year, property investments in Muswellbrook, 2333 have given investors a capital gain of 0.00%. This compares very badly with the 8.39% for NSW as a whole.

Comparing Muswellbrook,2333 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

In the last year 16 properties changed hands in Muswellbrook, which puts it as the 504th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $260 mark per week – giving a return of 6.60% based on the median price in Suburb

Metrics i HOUSE UNIT
$285,000 $205,000
3.64% 5.13%
0.00% 0.00%
1.61% 9.83%
$275 $260
199 16
5.02% 6.60%
97.76 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 11790
Median household income ($/weekly) 1404
Median age of persons 33
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1725 14.6
    25-34 years 1775 15.1
    35-44 years 1614 13.7
    45-54 years 1591 13.5
    55-64 years 1219 10.3
    Others 3866 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 3688 46.6
    Not Married 3193 40.4
    Defacto Relationship 1031 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 10179 92.2
    Papua New Guinea 177 1.6
    South Africa 45 0.4
    United Kingdom 208 1.9
    Other 149 1.3
    Others 281 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 68 0.7
    Christianity 8553 82.2
    Islam 32 0.3
    Other Religious Groups 34 0.3
    No Religion 1689 16.2
    Others 23 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 353 9.4
    $600-$799 322 8.5
    $1,500-$1,999 436 11.6
    $2,000-$2,499 317 8.4
    $2,500-$2,999 512 13.6
    Others 1827 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3623 42.5
    Not in the labour force 2822 33.1
    Employed, worked part-time 1411 16.6
    Employed, away from work 353 4.1
    Unemployed, looking for work 311 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 617 11.5
    Technicians & trades workers 1108 20.6
    Clerical & administrative workers 587 10.9
    Machinery operators & drivers 1005 18.7
    Labourers 669 12.4
    Others 1402 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 250 9.8
    Infants/Primary 1028 40.4
    Secondary 782 30.7
    Technical or Further Educational Institution 276 10.8
    University or other Tertiary Institutions 160 6.3
    Others 50 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9848 92.3
    Semi-detached, row or terrace house, townhouse 274 2.6
    Flat, unit or apartment 474 4.4
    Caravan, cabin, houseboat 54 0.5
    House or flat attached to a shop, office 14 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1577 38.7
    Being purchased 1415 34.7
    Fully owned 1066 26.2
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals