Suburb Profile Report for Thurgoona NSW (2640)

Thurgoona House: Median price $385,000, Annual capital growth 3.07%, Number of sales 188, Weekly median advertised rent $380

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Thurgoona, 2640 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.67%.

Thurgoona,2640 has offered an average of 2.67% return per annum in house price rises to property investors over the last three years.

Thurgoona2640 is located in NSW which offers an average discount of -7.38% to property investors. Thurgoona itself is showing figures that indicate -5.21% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Thurgoona being $385000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.13%

Metrics i HOUSE UNIT
$385,000 N/A
0.00% N/A
2.67% N/A
3.07% N/A
$380 N/A
188 N/A
5.13% N/A
105.897058823529 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6159
Median household income ($/weekly) 1511
Median age of persons 31
Median housing loan repayment ($/monthly) 1600
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1019 16.5
    25-34 years 866 14.1
    35-44 years 932 15.1
    45-54 years 775 12.6
    55-64 years 577 9.4
    Others 1989 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 2301 56.9
    Not Married 1304 32.2
    Defacto Relationship 439 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5412 90.6
    Papua New Guinea 75 1.3
    South Africa 22 0.4
    United Kingdom 204 3.4
    Other 115 1.9
    Others 148 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.4
    Christianity 4364 75.5
    Hinduism 17 0.3
    Islam 17 0.3
    No Religion 1291 22.3
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 177 10.0
    $1,250-$1,499 192 10.8
    $1,500-$1,999 355 20.1
    $2,000-$2,499 257 14.5
    $2,500-$2,999 154 8.7
    Others 635 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1981 44.2
    Not in the labour force 1199 26.7
    Employed, worked part-time 945 21.1
    Employed, away from work 212 4.7
    Unemployed, looking for work 146 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 367 11.7
    Professionals 578 18.4
    Technicians & trades workers 469 15.0
    Clerical & administrative workers 441 14.1
    Sales 383 12.2
    Others 896 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 152 7.9
    Infants/Primary 669 34.6
    Secondary 481 24.9
    Technical or Further Educational Institution 190 9.8
    University or other Tertiary Institutions 405 21.0
    Others 34 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5561 97.8
    Flat, unit or apartment 65 1.1
    Semi-detached, row or terrace house, townhouse 63 1.1
    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 1073 55.5
    Rented 448 23.2
    Fully owned 410 21.2
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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