Suburb Profile Report for Finley NSW (2713)

Finley House: Median price $142,500, Annual capital growth 1.47%, Number of sales 48, Weekly median advertised rent $220

  • 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.

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If you compare the increase in value of investment property in Finley, 2713 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -26.17%.

While Finley,2713 ranked number 1187th in NSW for increase in median house value (annualised) increase, it is ranked 1188th over the last 5 years.

Property buyers and investors in Finley 2713 should be seeing an average reduction in asking price of around -6.49% . This means that Finley is holding prices well when compared to other suburbs in NSW.

Advertised rents are around the $220 mark per week – giving a return of 8.03% based on the median price in Suburb

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House prices plummet in service suburb

Postcode: 2713          

Median house price: $154,000

Three-year growth: 10.2%

Rental yield: 7.6%

The suburb of Finley is part of the biggest town in the Berrigan Shire LGA. It is a major service centre for the Berriquin Irrigation Area, and exports dairy and agricultural products to Sydney and Melbourne.

The Finley Railway Museum is one of the suburb’s top attractions. The parks are great spots for a picnic and for unwinding, offering views of lakes and lagoons. St Joseph’s School, Finley High School, Finley Public School and a Riverina TAFE campus are established here, with students coming from the suburbs of Berrigan, Tocumwal, Jeriderie and Blighty.

Following a period of growth from 2014-2016, house values dropped significantly by 15% in the February 2018-2019 period.

Metrics i HOUSE UNIT
$142,500 N/A
-7.62% N/A
-26.17% N/A
1.47% N/A
$220 N/A
48 N/A
8.03% N/A
110.206896551724 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), Balanced (U)
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Demographics
Total population 2510
Median household income ($/weekly) 759
Median age of persons 47
Median housing loan repayment ($/monthly) 910
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 313 12.5
    35-44 years 254 10.1
    45-54 years 346 13.8
    55-64 years 371 14.8
    65-74 years 309 12.3
    Others 917 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 919 51.2
    Not Married 735 40.9
    Defacto Relationship 141 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2190 92.2
    New Zealand 12 0.5
    Papua New Guinea 41 1.7
    United Kingdom 61 2.6
    Other 21 0.9
    Others 51 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1852 80.7
    No Religion 427 18.6
    Buddhism 8 0.3
    Islam 6 0.3
    Judaism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 118 13.2
    $400-$599 146 16.3
    $600-$799 123 13.7
    $800-$999 104 11.6
    $1,000-$1,249 90 10.0
    Others 315 35.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 768 40.4
    Employed, worked full-time 660 34.7
    Employed, worked part-time 338 17.8
    Employed, away from work 81 4.3
    Unemployed, looking for work 55 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 226 20.9
    Professionals 141 13.0
    Technicians & trades workers 139 12.9
    Community & personal service workers 137 12.7
    Labourers 143 13.2
    Others 295 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 41 8.0
    Infants/Primary 184 35.9
    Secondary 189 36.8
    Technical or Further Educational Institution 68 13.3
    University or other Tertiary Institutions 28 5.5
    Others 3 0.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2102 92.7
    Flat, unit or apartment 107 4.7
    Semi-detached, row or terrace house, townhouse 47 2.1
    Caravan, cabin, houseboat 9 0.4
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 421 43.2
    Being purchased 282 29.0
    Rented 262 26.9
    Other tenure type 9 0.9
    Tenure Type
Census 2011, ABS
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