Suburb Profile Report for Arakoon NSW (2431)

Arakoon House: Median price $615,000, Annual capital growth 1.65%, Number of sales 10, Weekly median advertised rent $450

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

Arakoon has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.65% to date .

If we look at median property appreciation over just the last three months, Arakoon has given property investors a paper return of -1.60%. This puts Suburb as 1119 on a list of fastest fasting appreciating suburbs in NSW

With the median price for a house in Arakoon being $615000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.80%

Metrics i HOUSE UNIT
$615,000 N/A
-1.60% N/A
1.65% N/A
1.65% N/A
$450 N/A
10 N/A
3.80% 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 513
Median household income ($/weekly) 952
Median age of persons 51
Median housing loan repayment ($/monthly) 1343
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 48 9.4
    35-44 years 56 10.9
    45-54 years 99 19.3
    55-64 years 116 22.6
    65-74 years 61 11.9
    Others 133 25.9
    Age Group
    Census Count Percent(%)
    Registered Married 217 60.3
    Not Married 106 29.4
    Defacto Relationship 37 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 413 89.4
    Fiji 3 0.6
    Greece 6 1.3
    United Kingdom 22 4.8
    Other 9 1.9
    Others 9 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 302 68.9
    No Religion 132 30.1
    Buddhism 4 0.9
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 22 12.9
    $600-$799 22 12.9
    $800-$999 19 11.2
    $1,000-$1,249 19 11.2
    $1,500-$1,999 18 10.6
    Others 70 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 177 44.5
    Employed, worked full-time 104 26.1
    Employed, worked part-time 88 22.1
    Employed, away from work 16 4.0
    Unemployed, looking for work 13 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 28 13.5
    Professionals 51 24.6
    Technicians & trades workers 39 18.8
    Clerical & administrative workers 26 12.6
    Labourers 20 9.7
    Others 43 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 9 9.5
    Infants/Primary 32 33.7
    Secondary 35 36.8
    Technical or Further Educational Institution 10 10.5
    University or other Tertiary Institutions 6 6.3
    Others 3 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 431 98.6
    Semi-detached, row or terrace house, townhouse 6 1.4
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 106 55.8
    Being purchased 58 30.5
    Rented 26 13.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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