Suburb Profile Report for Red Head NSW (2430)

Red Head House: Median price $463,000, Annual capital growth 8.47%, Number of sales 15, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Red Head, 2430 have given investors a capital gain of -13.13%. This compares very badly with the 11.67% for NSW as a whole.

Over the longer term, Red Head has seen property prices show investors a 19.02% return over the last 3 years. This is worse than over the last 12 months

With the median price for a house in Red Head being $463000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.60%

Metrics i HOUSE UNIT
$463,000 N/A
-0.43% N/A
-13.13% N/A
8.47% N/A
$410 N/A
15 N/A
4.60% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 395
Median household income ($/weekly) 876
Median age of persons 50
Median housing loan repayment ($/monthly) 1842
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 51 12.9
    35-44 years 43 10.9
    45-54 years 62 15.7
    55-64 years 84 21.2
    65-74 years 68 17.2
    Others 88 22.2
    Age Group
    Census Count Percent(%)
    Registered Married 174 59.6
    Not Married 94 32.2
    Defacto Relationship 24 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 334 86.5
    Greece 6 1.6
    Hong Kong 3 0.8
    Indonesia 3 0.8
    United Kingdom 31 8.0
    Others 9 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 280 74.9
    No Religion 83 22.2
    Buddhism 11 2.9
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 15 10.0
    $400-$599 28 18.7
    $600-$799 15 10.0
    $800-$999 20 13.3
    $1,250-$1,499 17 11.3
    Others 55 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 146 45.3
    Employed, worked full-time 89 27.6
    Employed, worked part-time 62 19.3
    Employed, away from work 15 4.7
    Unemployed, looking for work 10 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 56 33.1
    Technicians & trades workers 22 13.0
    Community & personal service workers 21 12.4
    Clerical & administrative workers 22 13.0
    Labourers 18 10.7
    Others 30 17.8
    Occupation
    Census Count Percent(%)
    Secondary 36 44.4
    Infants/Primary 32 39.5
    Technical or Further Educational Institution 5 6.2
    Other type of educational institution 5 6.2
    Pre-school 3 3.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 288 77.6
    Caravan, cabin, houseboat 64 17.3
    Semi-detached, row or terrace house, townhouse 19 5.1
    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 89 54.6
    Being purchased 41 25.2
    Rented 33 20.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals