Suburb Profile Report for Nerong NSW (2423)

Nerong House: Median price $275,000, Annual capital growth -1.79%, Number of sales 11, Weekly median advertised rent N/A

Source: CoreLogic

  • House Report

Nerong has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.79% to date .

While Nerong,2423 ranked number 195th in NSW for increase in median house value (annualised) increase, it is ranked 1242th over the last 5 years.

The most recent median price for Nerong is $275000, with sellers offering an average of -8.52% off the asking price.

Metrics i HOUSE UNIT
$275,000 N/A
6.80% N/A
-1.79% N/A
-1.79% N/A
N/A N/A
11 N/A
N/A N/A
116.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 350
Median household income ($/weekly) 809
Median age of persons 47
Median housing loan repayment ($/monthly) 1776
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 32 9.2
    35-44 years 37 10.6
    45-54 years 46 13.2
    55-64 years 59 16.9
    65-74 years 68 19.5
    Others 107 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 135 50.9
    Not Married 90 34.0
    Defacto Relationship 40 15.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 301 90.4
    Greece 3 0.9
    Italy 3 0.9
    New Zealand 4 1.2
    United Kingdom 19 5.7
    Others 3 0.9
    Country of Birth
    Census Count Percent(%)
    Christianity 234 74.1
    No Religion 76 24.1
    Hinduism 3 0.9
    Other Religious Groups 3 0.9
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 14 11.3
    $400-$599 19 15.3
    $600-$799 15 12.1
    $1,000-$1,249 13 10.5
    $1,500-$1,999 14 11.3
    Others 49 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 144 50.9
    Employed, worked full-time 76 26.9
    Employed, worked part-time 45 15.9
    Employed, away from work 11 3.9
    Unemployed, looking for work 7 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 15 11.5
    Technicians & trades workers 21 16.0
    Clerical & administrative workers 21 16.0
    Machinery operators & drivers 20 15.3
    Labourers 19 14.5
    Others 35 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 10 20.0
    Infants/Primary 15 30.0
    Secondary 15 30.0
    Technical or Further Educational Institution 4 8.0
    University or other Tertiary Institutions 3 6.0
    Others 3 6.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 319 98.5
    Caravan, cabin, houseboat 5 1.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 56 40.3
    Being purchased 49 35.3
    Rented 31 22.3
    Other tenure type 3 2.2
    Tenure Type
Census 2011, ABS
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