Suburb Profile Report for Primbee NSW (2502)

Primbee House: Median price $630,500, Annual capital growth 6.70%, Number of sales 38, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Primbee is in the bottom 10% in NSW when comparing median price capital growth over the last year. Primbee gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.11%.

Over the longer term, Primbee has seen property prices show investors a 40.12% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Primbee should be aiming for at least -4.37% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Primbee being $630500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.71%

Metrics i HOUSE UNIT
$630,500 N/A
-5.90% N/A
-4.11% N/A
6.70% N/A
$450 N/A
38 N/A
3.71% N/A
70.96 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1578
Median household income ($/weekly) 937
Median age of persons 45
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 175 11.1
    25-34 years 167 10.6
    35-44 years 192 12.2
    45-54 years 253 16.0
    55-64 years 189 12.0
    Others 603 38.2
    Age Group
    Census Count Percent(%)
    Registered Married 579 48.2
    Not Married 515 42.9
    Defacto Relationship 107 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1105 76.8
    Hong Kong 46 3.2
    Japan 46 3.2
    United Kingdom 57 4.0
    Other 71 4.9
    Others 113 7.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1174 82.3
    No Religion 239 16.7
    Buddhism 10 0.7
    Other Religious Groups 4 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 55 10.3
    $400-$599 90 16.8
    $600-$799 55 10.3
    $800-$999 46 8.6
    $1,500-$1,999 61 11.4
    Others 228 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 521 43.5
    Employed, worked full-time 393 32.8
    Employed, worked part-time 188 15.7
    Unemployed, looking for work 49 4.1
    Employed, away from work 46 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 85 13.5
    Technicians & trades workers 120 19.1
    Community & personal service workers 80 12.7
    Clerical & administrative workers 97 15.4
    Labourers 65 10.4
    Others 181 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 25 8.7
    Infants/Primary 104 36.2
    Secondary 71 24.7
    Technical or Further Educational Institution 35 12.2
    University or other Tertiary Institutions 41 14.3
    Others 11 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1407 94.9
    Flat, unit or apartment 75 5.1
    Semi-detached, row or terrace house, townhouse 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 250 43.7
    Rented 170 29.7
    Being purchased 146 25.5
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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