Suburb Profile Report for Harrington NSW (2427)

Harrington House: Median price $485,000, Annual capital growth 4.87%, Number of sales 115, Weekly median advertised rent $455

Harrington Unit: Median price $312,500, Annual capital growth 2.39%, Number of sales 20, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Harrington has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.73% to date .

A 40.58% growth in median value for property investors in Harrington,2427 puts this suburb at number 187th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Harrington should be aiming for at least -3.40% off the asking price, which is the average vendor discount being achieved at the moment.

Harrington, 2427’s gross rental yield is 4.88%

NSW has seen average median house prices change by 7.48% which means that Harrington, 2427 has done well for property investors by showing a capital gain of -9.42% over the last year

If we look at median property appreciation over just the last three months, Harrington has given property investors a paper return of -2.34%. This puts Suburb as 464 on a list of fastest fasting appreciating suburbs in NSW

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 Harrington, 2427. Typically our figures indicate that -1.58% is being offered, which puts this NSW suburb at 1451th most discounted overall in Australia.

Harrington, 2427’s gross rental yield is 5.82%

Metrics i HOUSE UNIT
$485,000 $312,500
6.36% -2.34%
9.73% -9.42%
4.87% 2.39%
$455 $350
115 20
4.88% 5.82%
83.64 88.58

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2256
Median household income ($/weekly) 649
Median age of persons 59
Median housing loan repayment ($/monthly) 1517
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 197 8.7
    45-54 years 254 11.3
    55-64 years 478 21.2
    65-74 years 480 21.3
    75-84 years 261 11.6
    Others 587 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 973 55.6
    Not Married 633 36.2
    Defacto Relationship 145 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1934 90.6
    New Zealand 10 0.5
    Papua New Guinea 24 1.1
    United Kingdom 97 4.5
    Other 20 0.9
    Others 50 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1712 81.3
    No Religion 375 17.8
    Buddhism 12 0.6
    Other Religious Groups 5 0.2
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 132 14.5
    $400-$599 206 22.6
    $600-$799 148 16.3
    $800-$999 114 12.5
    $1,000-$1,249 60 6.6
    Others 250 27.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1226 65.7
    Employed, worked full-time 296 15.9
    Employed, worked part-time 222 11.9
    Unemployed, looking for work 70 3.8
    Employed, away from work 52 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 70 12.3
    Professionals 101 17.7
    Technicians & trades workers 84 14.7
    Community & personal service workers 81 14.2
    Labourers 76 13.3
    Others 159 27.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 119 39.9
    Secondary 102 34.2
    Technical or Further Educational Institution 28 9.4
    Pre-school 26 8.7
    University or other Tertiary Institutions 23 7.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1774 84.4
    Semi-detached, row or terrace house, townhouse 216 10.3
    Flat, unit or apartment 69 3.3
    House or flat attached to a shop, office 28 1.3
    Caravan, cabin, houseboat 14 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 526 54.2
    Rented 285 29.4
    Being purchased 154 15.9
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals