Suburb Profile Report for Michelago NSW (2620)

Michelago House: Median price $640,000, Annual capital growth 3.73%, Number of sales 12, Weekly median advertised rent N/A

  • 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

NSW has seen average median house prices change by -4.28% which means that Michelago, 2620 has not done well for property investors by showing a capital gain of -16.67% over the last year

Metrics i HOUSE UNIT
$640,000 N/A
-2.66% N/A
-16.67% N/A
3.73% N/A
N/A N/A
12 N/A
N/A N/A
N/A 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 : Above average (H), Above average (U)
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Demographics
Total population 647
Median household income ($/weekly) 1806
Median age of persons 39
Median housing loan repayment ($/monthly) 2100
Average household size 3
  • Census Count Percent(%)
    5-14 years 92 14.2
    25-34 years 63 9.7
    35-44 years 91 14.0
    45-54 years 127 19.6
    55-64 years 85 13.1
    Others 190 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 285 60.8
    Not Married 142 30.3
    Defacto Relationship 42 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 530 84.5
    Greece 10 1.6
    United Kingdom 32 5.1
    United States of America 10 1.6
    Other 20 3.2
    Others 25 4.0
    Country of Birth
    Census Count Percent(%)
    Christianity 434 71.0
    No Religion 165 27.0
    Buddhism 8 1.3
    Other Religious Groups 4 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 19 10.1
    $1,500-$1,999 21 11.1
    $2,500-$2,999 27 14.3
    $3,000-$3,499 16 8.5
    $4,000 or more 24 12.7
    Others 82 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 232 47.3
    Not in the labour force 117 23.8
    Employed, worked part-time 108 22.0
    Employed, away from work 22 4.5
    Unemployed, looking for work 12 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 88 24.2
    Professionals 72 19.8
    Technicians & trades workers 47 12.9
    Community & personal service workers 27 7.4
    Clerical & administrative workers 57 15.7
    Others 72 19.8
    Occupation
    Census Count Percent(%)
    Secondary 72 40.4
    Infants/Primary 55 30.9
    University or other Tertiary Institutions 22 12.4
    Technical or Further Educational Institution 17 9.6
    Pre-school 12 6.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 593 100.0
    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 106 50.2
    Fully owned 80 37.9
    Rented 21 10.0
    Other tenure type 4 1.9
    Tenure Type
Census 2011, ABS
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