Suburb Profile Report for Barraba NSW (2347)

Barraba House: Median price $128,000, Annual capital growth 2.42%, Number of sales 46, Weekly median advertised rent $193

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Barraba has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.57% to date .

If we look at median property appreciation over just the last three months, Barraba has given property investors a paper return of 0.00%. This puts Suburb as 499 on a list of fastest fasting appreciating suburbs in NSW

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.45% offered to property buyers. Sellers in Barraba itself are offering an average vendor discount of -11.89% to real estate investors.

Barraba is 4th on a list of best yielding suburbs for rents in NSW with a 8.74% return

Metrics	HOUSE	UNIT
Median price	$128,000	N/A
Quarterly growth	1.59%	N/A
12-month growth	1.59%	N/A
Average Annual Growth	2.42%	N/A
Weekly median advertised rent	$193	N/A
Number of sales	46	N/A
Gross rental yield	7.82%	N/A
Days on market	105.55556	N/A

Your estimated repayment
$517.59/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.59% interest rate.

DSR Score for property investment : Above average (H), Above average (U)

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Demographics

Total population	1537
Median household income ($/weekly)	593
Median age of persons	52
Median housing loan repayment ($/monthly)	800
Average household size	2.1

Census	Count	Percent(%)
5-14 years	163	10.6
45-54 years	209	13.6
55-64 years	232	15.1
65-74 years	261	17.0
75-84 years	178	11.6
Others	494	32.1

Age Group

Census	Count	Percent(%)
Registered Married	582	50.6
Not Married	485	42.1
Defacto Relationship	84	7.3

Social Marital Status

Census	Count	Percent(%)
Australia	1367	93.1
Greece	11	0.7
Papua New Guinea	11	0.7
Philippines	11	0.7
United Kingdom	38	2.6
Others	31	2.1

Country of Birth

Census	Count	Percent(%)
Christianity	1275	88.5
No Religion	151	10.5
Other Religious Groups	8	0.6
Hinduism	4	0.3
Buddhism	3	0.2
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	107	18.0
$400-$599	145	24.5
$600-$799	87	14.7
$800-$999	64	10.8
$1,000-$1,249	45	7.6
Others	145	24.5

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	681	55.8
Employed, worked full-time	278	22.8
Employed, worked part-time	183	15.0
Employed, away from work	45	3.7
Unemployed, looking for work	33	2.7

Person Characteristics

Census	Count	Percent(%)
Managers	102	20.2
Professionals	49	9.7
Technicians & trades workers	56	11.1
Community & personal service workers	60	11.9
Labourers	90	17.8
Others	149	29.4

Occupation

Census	Count	Percent(%)
Pre-school	20	8.1
Infants/Primary	109	44.3
Secondary	78	31.7
Technical or Further Educational Institution	20	8.1
University or other Tertiary Institutions	15	6.1
Others	4	1.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1369	96.1
Flat, unit or apartment	21	1.5
House or flat attached to a shop, office	17	1.2
Caravan, cabin, houseboat	15	1.1
Improvised home, tent, sleepers out	3	0.2
Others	0	0.0