Suburb Profile Report for Culcairn NSW (2660)

Culcairn House: Median price $179,000, Annual capital growth 4.40%, Number of sales 38, Weekly median advertised rent $250

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

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Culcairn, 2660 have given investors a capital gain of 11.88%. This compares very favourably with the 1.68% for NSW as a whole.

The five-year average increase in median property values for Culcairn,2660 has given property investors a potential capital gain of 9.15% across each of those five years.

Property buyers and investors in Culcairn 2660 should be seeing an average reduction in asking price of around -10.05% . This means that Culcairn is holding prices well when compared to other suburbs in NSW.

Using the current median advertised rental of $250 and the average annual increase in value of a median property of 4.40%, investors should hope to achieve an overall return of 7.26%

Metrics i HOUSE UNIT
$179,000 N/A
-0.56% N/A
11.88% N/A
4.40% N/A
$250 N/A
38 N/A
7.26% N/A
144.785714285714 N/A

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 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 1423
Median household income ($/weekly) 807
Median age of persons 43
Median housing loan repayment ($/monthly) 1158
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 210 14.7
    35-44 years 140 9.8
    45-54 years 170 11.9
    55-64 years 208 14.6
    65-74 years 179 12.6
    Others 517 36.3
    Age Group
    Census Count Percent(%)
    Registered Married 524 55.1
    Not Married 353 37.1
    Defacto Relationship 74 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1221 92.7
    Former Yugoslav Republic of Macedonia 6 0.5
    New Zealand 8 0.6
    Papua New Guinea 34 2.6
    United Kingdom 26 2.0
    Others 22 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1058 82.1
    No Religion 227 17.6
    Hinduism 3 0.2
    Buddhism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 55 12.0
    $400-$599 70 15.2
    $600-$799 69 15.0
    $800-$999 59 12.8
    $1,000-$1,249 48 10.4
    Others 159 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 440 42.8
    Employed, worked full-time 334 32.5
    Employed, worked part-time 177 17.2
    Employed, away from work 46 4.5
    Unemployed, looking for work 32 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 102 18.4
    Professionals 75 13.5
    Technicians & trades workers 77 13.9
    Clerical & administrative workers 65 11.7
    Labourers 72 13.0
    Others 164 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.3
    Infants/Primary 139 44.0
    Secondary 88 27.8
    Technical or Further Educational Institution 33 10.4
    University or other Tertiary Institutions 23 7.3
    Others 13 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1245 98.5
    Improvised home, tent, sleepers out 9 0.7
    Semi-detached, row or terrace house, townhouse 4 0.3
    Flat, unit or apartment 3 0.2
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 223 44.9
    Being purchased 171 34.4
    Rented 98 19.7
    Other tenure type 5 1.0
    Tenure Type
Census 2011, ABS
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