Suburb Profile Report for South Nowra NSW (2541)

South Nowra House: Median price $575,000, Annual capital growth 8.80%, Number of sales 58, Weekly median advertised rent $450

South Nowra Unit: Median price $445,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

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

Property investors who have had real estate in South Nowra, 2541 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.28%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Nowra has increased when compared to the 5 year average annual rate.

Vendor discounting in South Nowra is giving property investors an average Vendor Discount of around -5.72%. This puts suburb at number 633th in NSW when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $23400 per annum or $450 every week.

In the last year 10 properties changed hands in South Nowra, which puts it as the 588th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$575,000 $445,000
1.77% N/A
6.28% N/A
8.80% N/A
$450 N/A
58 10
4.07% N/A
105.56 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1019
Median household income ($/weekly) 888
Median age of persons 38
Median housing loan repayment ($/monthly) 1889
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 121 11.9
    25-34 years 142 13.9
    35-44 years 135 13.2
    45-54 years 106 10.4
    55-64 years 136 13.3
    Others 379 37.2
    Age Group
    Census Count Percent(%)
    Registered Married 348 48.5
    Not Married 288 40.1
    Defacto Relationship 82 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 861 86.8
    Greece 6 0.6
    Papua New Guinea 10 1.0
    United Kingdom 61 6.1
    Other 14 1.4
    Others 40 4.0
    Country of Birth
    Census Count Percent(%)
    Christianity 714 76.0
    No Religion 214 22.8
    Buddhism 9 1.0
    Islam 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 59 17.1
    $600-$799 38 11.0
    $800-$999 36 10.4
    $1,500-$1,999 47 13.6
    $2,000-$2,499 33 9.5
    Others 133 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 297 39.7
    Employed, worked full-time 240 32.1
    Employed, worked part-time 140 18.7
    Unemployed, looking for work 44 5.9
    Employed, away from work 27 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 58 14.3
    Technicians & trades workers 71 17.5
    Community & personal service workers 53 13.1
    Clerical & administrative workers 49 12.1
    Sales 54 13.3
    Others 120 29.6
    Occupation
    Census Count Percent(%)
    Pre-school 21 9.9
    Infants/Primary 83 39.0
    Secondary 58 27.2
    Technical or Further Educational Institution 29 13.6
    University or other Tertiary Institutions 19 8.9
    Others 3 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 812 86.7
    Semi-detached, row or terrace house, townhouse 71 7.6
    Caravan, cabin, houseboat 38 4.1
    Flat, unit or apartment 11 1.2
    House or flat attached to a shop, office 5 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 139 37.3
    Rented 121 32.4
    Fully owned 110 29.5
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals