Suburb Profile Report for Townsend NSW (2463)

Townsend House: Median price $360,000, Annual capital growth 3.07%, Number of sales 27, Weekly median advertised rent $420

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Over the last year, property investments in Townsend, 2463 have given investors a capital gain of 7.62%. This compares very favourably with the -4.28% for NSW as a whole.

Comparing Townsend,2463 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Townsend 2463 should be seeing an average reduction in asking price of around -3.06% . This means that Townsend is holding prices well when compared to other suburbs in NSW.

Townsend, 2463’s gross rental yield is 6.07%

Metrics	HOUSE	UNIT
Median price	$360,000	N/A
Quarterly growth	-3.68%	N/A
12-month growth	7.62%	N/A
Average Annual Growth	3.07%	N/A
Weekly median advertised rent	$420	N/A
Number of sales	27	N/A
Gross rental yield	6.07%	N/A
Days on market	102.058823529412	N/A

Your estimated repayment
$1,392.84/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Above average (H), Above average (U)

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Demographics

Total population	817
Median household income ($/weekly)	778
Median age of persons	39
Median housing loan repayment ($/monthly)	1300
Average household size	2.5

Census	Count	Percent(%)
5-14 years	134	16.4
25-34 years	102	12.5
35-44 years	91	11.2
55-64 years	113	13.8
75-84 years	83	10.2
Others	293	35.9

Age Group

Census	Count	Percent(%)
Registered Married	303	52.3
Not Married	214	37.0
Defacto Relationship	62	10.7

Social Marital Status

Census	Count	Percent(%)
Australia	742	94.5
New Zealand	6	0.8
Philippines	5	0.6
United Kingdom	20	2.5
Other	5	0.6
Others	7	0.9

Country of Birth

Census	Count	Percent(%)
Christianity	635	82.4
No Religion	129	16.7
Buddhism	7	0.9
Hinduism	0	0.0
Islam	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	35	12.1
$400-$599	57	19.7
$600-$799	50	17.2
$800-$999	44	15.2
$1,250-$1,499	26	9.0
Others	78	26.9

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	304	49.4
Employed, worked full-time	168	27.3
Employed, worked part-time	114	18.5
Unemployed, looking for work	15	2.4
Employed, away from work	14	2.3

Person Characteristics

Census	Count	Percent(%)
Professionals	41	13.9
Technicians & trades workers	43	14.5
Community & personal service workers	43	14.5
Sales	46	15.5
Labourers	48	16.2
Others	75	25.3

Occupation

Census	Count	Percent(%)
Pre-school	14	7.5
Infants/Primary	98	52.4
Secondary	50	26.7
Technical or Further Educational Institution	13	7.0
University or other Tertiary Institutions	9	4.8
Others	3	1.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	781	100.0
Semi-detached, row or terrace house, townhouse	0	0.0
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