Suburb Profile Report for Dorrigo NSW (2453)

Dorrigo House: Median price $375,000, Annual capital growth 4.02%, Number of sales 23, Weekly median advertised rent $335

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Dorrigo is in the TOP 10% in NSW when comparing median price capital growth over the last year. Dorrigo gave property investors a very good capital gain figure when compared to the rest of the state, with 13.64%.

Over the longer term, Dorrigo has seen property prices show investors a 24.58% return over the last 3 years. This is worse than over the last 12 months

At number 629th of NSW’s most discounted properties, Dorrigo is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $335 weekly from the median priced house in this suburb.

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Dorrigo, NSW – A view to remember

Postcode: 2453

Median house price: $367,500

Three-year growth: 23.1%

Rental yield: 4.6%

Dorrigo offers sweeping views over the Bellinger Valley of NSW. While it is an inland rural town, the suburb remains well connected to work opportunities and coastal locations, with Coffs Harbour 64km away. 

The natural surrounds of the suburb, including Dorrigo National Park, provides for a peaceful lifestyle, with plenty bushwalks and scenic spots to enjoy, such as Crystal Shower Falls, Griffiths Lookout and Ebor Falls.

Families can choose from a local primary school and high school, and most shopping can be done in the local town centre, which includes a bakery, a wholefoods store, a pharmacy and a grocery store. There is a thriving community spirit in Dorrigo, and a local market offers fresh produce.

Metrics i HOUSE UNIT
$375,000 N/A
0.00% N/A
13.64% N/A
4.02% N/A
$335 N/A
23 N/A
4.65% N/A
127.461538461538 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. 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 1523
Median household income ($/weekly) 695
Median age of persons 49
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 200 13.1
    35-44 years 137 9.0
    45-54 years 247 16.2
    55-64 years 235 15.4
    65-74 years 191 12.5
    Others 513 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 529 48.6
    Not Married 431 39.6
    Defacto Relationship 128 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1306 90.3
    Greece 9 0.6
    Papua New Guinea 13 0.9
    United Kingdom 71 4.9
    Other 23 1.6
    Others 24 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 1.3
    Christianity 963 69.5
    Hinduism 3 0.2
    Other Religious Groups 5 0.4
    No Religion 394 28.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 81 15.0
    $400-$599 90 16.6
    $600-$799 96 17.7
    $800-$999 62 11.5
    $1,000-$1,249 46 8.5
    Others 166 30.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 595 50.2
    Employed, worked full-time 282 23.8
    Employed, worked part-time 236 19.9
    Employed, away from work 41 3.5
    Unemployed, looking for work 32 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 118 21.0
    Professionals 83 14.7
    Technicians & trades workers 63 11.2
    Community & personal service workers 63 11.2
    Labourers 86 15.3
    Others 150 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 34 10.4
    Infants/Primary 114 34.9
    Secondary 117 35.8
    Technical or Further Educational Institution 33 10.1
    University or other Tertiary Institutions 23 7.0
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1343 97.2
    Semi-detached, row or terrace house, townhouse 20 1.4
    Flat, unit or apartment 13 0.9
    House or flat attached to a shop, office 5 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 304 50.9
    Being purchased 144 24.1
    Rented 138 23.1
    Other tenure type 11 1.8
    Tenure Type
Census 2011, ABS
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