Suburb Profile Report for Tomerong NSW (2540)

Tomerong House: Median price $645,000, Annual capital growth 11.49%, Number of sales 25, Weekly median advertised rent N/A

  • 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.

  • House Report

The five-year average increase in median property values for Tomerong,2540 has given property investors a potential capital gain of 13.16% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Tomerong is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 183th in terms of most discounted suburbs in NSW

At number 3557 in a list of fastest selling suburbs, Tomerong is in the bottom 10% of suburbs in Australia with an average of days on market 143.611 for properties listed there.

Metrics i HOUSE UNIT
$645,000 N/A
-7.19% N/A
N/A N/A
11.49% N/A
N/A N/A
25 N/A
N/A N/A
143.611111111111 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), Above average (U)
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Demographics
Total population 941
Median household income ($/weekly) 1172
Median age of persons 44
Median housing loan repayment ($/monthly) 1647
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 123 13.1
    35-44 years 131 13.9
    45-54 years 179 19.0
    55-64 years 173 18.4
    65-74 years 80 8.5
    Others 255 27.1
    Age Group
    Census Count Percent(%)
    Registered Married 401 59.9
    Not Married 201 30.0
    Defacto Relationship 68 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 753 87.0
    Hong Kong 7 0.8
    Papua New Guinea 14 1.6
    United Kingdom 45 5.2
    Other 13 1.5
    Others 34 3.9
    Country of Birth
    Census Count Percent(%)
    Christianity 565 69.1
    No Religion 235 28.7
    Buddhism 11 1.3
    Other Religious Groups 7 0.9
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 36 12.3
    $600-$799 34 11.6
    $1,250-$1,499 28 9.6
    $1,500-$1,999 44 15.1
    $2,000-$2,499 28 9.6
    Others 122 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 247 34.9
    Not in the labour force 229 32.3
    Employed, worked part-time 178 25.1
    Employed, away from work 28 4.0
    Unemployed, looking for work 26 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 57 12.6
    Professionals 96 21.3
    Technicians & trades workers 67 14.9
    Clerical & administrative workers 60 13.3
    Sales 44 9.8
    Others 127 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 13 6.6
    Infants/Primary 76 38.4
    Secondary 65 32.8
    Technical or Further Educational Institution 15 7.6
    University or other Tertiary Institutions 22 11.1
    Others 7 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 837 100.0
    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
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 153 48.1
    Fully owned 133 41.8
    Rented 25 7.9
    Other tenure type 7 2.2
    Tenure Type
Census 2011, ABS
Chart Table