Suburb Profile Report for Barraba NSW (2347)

Barraba House: Median price $140,000, Annual capital growth 5.26%, Number of sales 28, Weekly median advertised rent N/A

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

If you compare the increase in value of investment property in Barraba, 2347 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.82%.

A 33.33% growth in median value for property investors in Barraba,2347 puts this suburb at number 1261th in terms of best performing suburbs in NSW

At number 4th of NSW’s most discounted properties, Barraba is in the bottom 10% of the state/territory when listing in order of most discounted to least.

In the last year 28 properties changed hands in Barraba, which puts it as the 885th most active market in NSW when comparing the number of sales per suburb.

Metrics	HOUSE	UNIT
Median price	$140,000	N/A
Quarterly growth	-4.44%	N/A
12-month growth	1.82%	N/A
Average Annual Growth	5.26%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	28	N/A
Gross rental yield	N/A	N/A
Days on market	154.571428571429	N/A

DSR Score for property investment : Balanced (H), Balanced (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