Suburb Profile Report for Nyngan NSW (2825)

Nyngan House: Median price $160,000, Annual capital growth 4.17%, Number of sales 36, Weekly median advertised rent $220

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

Source: Monthly data update for Apr 2019 as supplied by CoreLogic. Data is reported to the period ending Jan 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 1.39% which means that Nyngan, 2825 has done well for property investors by showing a capital gain of -1.33% over the last year

Taking the average capital gain, or increase in median house value, Nyngan,2825 has racked up an average of -1.33% over the period. This ranks it number 664th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Nyngan is offering property investors an average of -7.36. This rate of discount on properties puts Suburb at number 1077th in terms of most discounted suburbs in NSW

Using the current median advertised rental of $220 and the average annual increase in value of a median property of 1.57%, investors should hope to achieve an overall return of 7.73%

Metrics i HOUSE UNIT
$160,000 N/A
8.11% N/A
10.34% N/A
4.17% N/A
$220 N/A
36 N/A
7.15% N/A
82.2 N/A

Source: Monthly data update for Apr 2019 as supplied by CoreLogic. Data is reported to the period ending Jan 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 2388
Median household income ($/weekly) 917
Median age of persons 38
Median housing loan repayment ($/monthly) 1148
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 364 15.2
    35-44 years 326 13.6
    45-54 years 298 12.5
    55-64 years 245 10.3
    65-74 years 255 10.7
    Others 902 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 768 48.5
    Not Married 648 41.0
    Defacto Relationship 166 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2135 95.9
    Iraq 7 0.3
    Papua New Guinea 14 0.6
    United Kingdom 23 1.0
    Other 15 0.7
    Others 33 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1996 90.3
    No Religion 179 8.1
    Islam 21 1.0
    Buddhism 11 0.5
    Australian Aboriginal Traditional Religions 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 91 11.9
    $400-$599 107 14.0
    $600-$799 86 11.2
    $1,000-$1,249 72 9.4
    $1,500-$1,999 88 11.5
    Others 322 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 685 40.4
    Not in the labour force 622 36.7
    Employed, worked part-time 257 15.1
    Employed, away from work 70 4.1
    Unemployed, looking for work 63 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 202 19.9
    Professionals 117 11.5
    Technicians & trades workers 119 11.7
    Machinery operators & drivers 148 14.6
    Labourers 150 14.8
    Others 277 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 56 10.6
    Infants/Primary 233 44.1
    Secondary 151 28.6
    Technical or Further Educational Institution 49 9.3
    University or other Tertiary Institutions 30 5.7
    Others 9 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2065 95.2
    Semi-detached, row or terrace house, townhouse 38 1.8
    Flat, unit or apartment 38 1.8
    House or flat attached to a shop, office 18 0.8
    Caravan, cabin, houseboat 11 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 348 41.1
    Rented 304 35.9
    Being purchased 192 22.7
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table