Suburb Profile Report for Nambucca Heads NSW (2448)

Nambucca Heads House: Median price $387,500, Annual capital growth 3.65%, Number of sales 118, Weekly median advertised rent $370

Nambucca Heads Unit: Median price $328,000, Annual capital growth 7.14%, Number of sales 28, Weekly median advertised rent $280

  • 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
  • Unit Report

Investment property in Nambucca Heads has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.31%

While Nambucca Heads,2448 ranked number 235th in NSW for increase in median house value (annualised) increase, it is ranked 1024th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Nambucca Heads itself are offering an average vendor discount of -5.77% to real estate investors.

On average over the past year, suburb has had 9.83 sales per month, which equates to 118 per year.

Nambucca Heads is 168th on a list of best yielding suburbs for rents in NSW with a 4.97% return

Nambucca Heads has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 17.14% to date .

If we look at median property appreciation over just the last three months, Nambucca Heads has given property investors a paper return of 0.00%. This puts Suburb as 161 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Nambucca Heads 2448 should be seeing an average reduction in asking price of around -4.56% . This means that Nambucca Heads is holding prices well when compared to other suburbs in NSW.

In the last year 28 properties changed hands in Nambucca Heads, which puts it as the 305th most active market in NSW when comparing the number of sales per suburb.

The NSW suburb of Nambucca Heads, 2448 is in the Nambucca (A) local government area.

Metrics i HOUSE UNIT
$387,500 $328,000
1.97% 0.00%
2.31% 17.14%
3.65% 7.14%
$370 $280
118 28
4.97% 4.44%
99.7802197802198 113.666666666667

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 : Above average (H), Balanced (U)
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Demographics
Total population 6221
Median household income ($/weekly) 626
Median age of persons 53
Median housing loan repayment ($/monthly) 1400
Average household size 2
  • Census Count Percent(%)
    5-14 years 625 10.0
    45-54 years 783 12.6
    55-64 years 975 15.7
    65-74 years 997 16.0
    75-84 years 686 11.0
    Others 2156 34.7
    Age Group
    Census Count Percent(%)
    Not Married 2260 48.0
    Registered Married 2029 43.1
    Defacto Relationship 420 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5178 88.5
    New Zealand 29 0.5
    Papua New Guinea 76 1.3
    United Kingdom 350 6.0
    Other 63 1.1
    Others 158 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 62 1.1
    Christianity 4329 76.9
    Hinduism 6 0.1
    Other Religious Groups 26 0.5
    No Religion 1205 21.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 460 18.0
    $400-$599 512 20.0
    $600-$799 406 15.9
    $800-$999 295 11.5
    $1,000-$1,249 186 7.3
    Others 697 27.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3083 61.9
    Employed, worked full-time 821 16.5
    Employed, worked part-time 708 14.2
    Unemployed, looking for work 250 5.0
    Employed, away from work 115 2.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 244 14.9
    Technicians & trades workers 254 15.5
    Community & personal service workers 234 14.3
    Clerical & administrative workers 211 12.9
    Labourers 218 13.3
    Others 481 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 97 9.3
    Infants/Primary 392 37.7
    Secondary 320 30.8
    Technical or Further Educational Institution 157 15.1
    University or other Tertiary Institutions 51 4.9
    Others 23 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4526 77.8
    Semi-detached, row or terrace house, townhouse 430 7.4
    Flat, unit or apartment 651 11.2
    Caravan, cabin, houseboat 127 2.2
    House or flat attached to a shop, office 78 1.3
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1198 44.7
    Rented 1005 37.5
    Being purchased 453 16.9
    Other tenure type 22 0.8
    Tenure Type
Census 2011, ABS
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