Suburb Profile Report for Bargo NSW (2574)

Bargo House: Median price $630,000, Annual capital growth 7.16%, Number of sales 45, Weekly median advertised rent $465

  • 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.

  • House Report

Bargo has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -12.50% to date .

Across a shorter period, Bargo, 2574 has seen a median price increase of -3.15% over the last quarter.

Sellers are offering property buyers an average discount of -13.00% to buyers in Bargo at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $465 and the average annual increase in value of a median property of 7.16%, investors should hope to achieve an overall return of 3.84%

Metrics i HOUSE UNIT
$630,000 N/A
-3.15% N/A
-12.50% N/A
7.16% N/A
$465 N/A
45 N/A
3.84% N/A
102.911764705882 N/A

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.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 4131
Median household income ($/weekly) 1267
Median age of persons 37
Median housing loan repayment ($/monthly) 2100
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 653 15.8
    25-34 years 454 11.0
    35-44 years 583 14.1
    45-54 years 561 13.6
    55-64 years 523 12.7
    Others 1356 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1639 54.7
    Not Married 1061 35.4
    Defacto Relationship 295 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3433 87.5
    Japan 23 0.6
    Papua New Guinea 36 0.9
    United Kingdom 229 5.8
    Other 65 1.7
    Others 139 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.3
    Christianity 3166 82.2
    Australian Aboriginal Traditional Religions 8 0.2
    Other Religious Groups 12 0.3
    No Religion 647 16.8
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 136 11.0
    $600-$799 119 9.7
    $800-$999 107 8.7
    $1,500-$1,999 152 12.3
    $2,000-$2,499 153 12.4
    Others 564 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1245 40.9
    Not in the labour force 1005 33.0
    Employed, worked part-time 576 18.9
    Employed, away from work 123 4.0
    Unemployed, looking for work 95 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 243 12.5
    Technicians & trades workers 365 18.7
    Community & personal service workers 212 10.9
    Clerical & administrative workers 266 13.7
    Labourers 228 11.7
    Others 633 32.5
    Occupation
    Census Count Percent(%)
    Pre-school 115 11.3
    Infants/Primary 412 40.6
    Secondary 285 28.1
    Technical or Further Educational Institution 95 9.4
    University or other Tertiary Institutions 84 8.3
    Others 25 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3745 94.0
    Semi-detached, row or terrace house, townhouse 186 4.7
    Caravan, cabin, houseboat 39 1.0
    Flat, unit or apartment 9 0.2
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 657 48.4
    Fully owned 478 35.2
    Rented 206 15.2
    Other tenure type 16 1.2
    Tenure Type
Census 2011, ABS
Chart Table