Suburb Profile Report for Bingara NSW (2404)

Bingara House: Median price $242,000, Annual capital growth 8.85%, Number of sales 23, Weekly median advertised rent $230

  • 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

NSW has seen average median house prices change by -4.21% which means that Bingara, 2404 has not done well for property investors by showing a capital gain of 5.33% over the last year

Across a shorter period, Bingara, 2404 has seen a median price increase of 12.56% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bingara, 2404. Typically our figures indicate that -9.68% is being offered, which puts this NSW suburb at 336th most discounted overall in Australia.

The NSW suburb of Bingara, 2404 is in the Gwydir (A) local government area.

Metrics i HOUSE UNIT
$242,000 N/A
12.56% N/A
5.33% N/A
8.85% N/A
$230 N/A
23 N/A
4.94% N/A
169.1 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 : Below average (H), Balanced (U)
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Demographics
Total population 1334
Median household income ($/weekly) 580
Median age of persons 56
Median housing loan repayment ($/monthly) 867
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 120 9.0
    45-54 years 149 11.2
    55-64 years 220 16.5
    65-74 years 248 18.6
    75-84 years 160 12.0
    Others 438 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 535 52.3
    Not Married 409 40.0
    Defacto Relationship 78 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1210 94.2
    Greece 6 0.5
    New Zealand 6 0.5
    Papua New Guinea 5 0.4
    United Kingdom 47 3.7
    Others 10 0.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1070 85.5
    No Religion 178 14.2
    Islam 3 0.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 95 18.1
    $400-$599 130 24.8
    $600-$799 72 13.7
    $800-$999 66 12.6
    $1,000-$1,249 32 6.1
    Others 130 24.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 687 61.7
    Employed, worked full-time 218 19.6
    Employed, worked part-time 137 12.3
    Employed, away from work 36 3.2
    Unemployed, looking for work 35 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 58 14.7
    Professionals 44 11.2
    Technicians & trades workers 54 13.7
    Community & personal service workers 51 12.9
    Labourers 57 14.5
    Others 130 33.0
    Occupation
    Census Count Percent(%)
    Pre-school 22 10.8
    Infants/Primary 74 36.3
    Secondary 67 32.8
    Technical or Further Educational Institution 17 8.3
    University or other Tertiary Institutions 21 10.3
    Others 3 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1176 94.7
    Flat, unit or apartment 26 2.1
    Caravan, cabin, houseboat 20 1.6
    House or flat attached to a shop, office 15 1.2
    Semi-detached, row or terrace house, townhouse 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 313 55.3
    Being purchased 125 22.1
    Rented 121 21.4
    Other tenure type 7 1.2
    Tenure Type
Census 2011, ABS
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