Suburb Profile Report for Kandos NSW (2848)

Kandos House: Median price $217,500, Annual capital growth 6.76%, Number of sales 36, Weekly median advertised rent $260

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

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Over the last year, property investments in Kandos, 2848 have given investors a capital gain of 17.57%. This compares very favourably with the 7.77% for NSW as a whole.

Comparing Kandos,2848 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Kandos2848 is located in NSW which offers an average discount of -4.30% to property investors. Kandos itself is showing figures that indicate -6.48% is the average achievable by property buyers investing in the suburb.

At number 3178 in a list of fastest selling suburbs, Kandos is in the bottom 20% of suburbs in Australia with an average of days on market 112.138 for properties listed there.

Renters in Suburb are facing rents around $13520 per annum or $260 every week.

Information supplied by:




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Kandos, NSW – Coated with artistic flair

Postcode: 2848

Median house price: $184,000

Three-year growth: 36.3%

Rental yield: 7.3%

Tucked in the Central Tablelands, Kandos is a town that is located 65km from the wine-growing region of Mudgee. It once acted as a primary supplier of cement but it has gradually transformed into a thriving artistic hub.

Most shopping amenities and medical facilities can be accessed locally, with further options available in the nearby suburb of Rylstone, where there is a hospital in easy reach also.

There is a local school, and the many outdoors activities – ranging from fishing, kayaking and venturing on walking trails – make it a popular destination for families. The fairs that take place throughout the year also speak for the suburb’s anchorage in culture and a strong community spirit.

Metrics i HOUSE UNIT
$217,500 N/A
15.08% N/A
17.57% N/A
6.76% N/A
$260 N/A
36 N/A
6.22% N/A
112.137931034483 N/A

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Below average (U)
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Demographics
Total population 1283
Median household income ($/weekly) 614
Median age of persons 45
Median housing loan repayment ($/monthly) 1000
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 174 13.6
    35-44 years 154 12.0
    45-54 years 172 13.4
    55-64 years 164 12.8
    65-74 years 187 14.6
    Others 433 33.7
    Age Group
    Census Count Percent(%)
    Not Married 441 47.3
    Registered Married 371 39.8
    Defacto Relationship 121 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1095 88.4
    Japan 9 0.7
    Papua New Guinea 17 1.4
    United Kingdom 44 3.6
    Other 19 1.5
    Others 54 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.6
    Christianity 1000 83.2
    Hinduism 6 0.5
    Other Religious Groups 10 0.8
    No Religion 174 14.5
    Others 5 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 102 20.8
    $400-$599 88 18.0
    $600-$799 70 14.3
    $800-$999 40 8.2
    $1,500-$1,999 35 7.1
    Others 155 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 600 60.1
    Employed, worked full-time 203 20.3
    Employed, worked part-time 112 11.2
    Unemployed, looking for work 66 6.6
    Employed, away from work 18 1.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 49 14.7
    Technicians & trades workers 65 19.5
    Community & personal service workers 44 13.2
    Machinery operators & drivers 55 16.5
    Labourers 43 12.9
    Others 77 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 20 7.9
    Infants/Primary 102 40.2
    Secondary 96 37.8
    Technical or Further Educational Institution 19 7.5
    University or other Tertiary Institutions 11 4.3
    Others 6 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1172 96.5
    Flat, unit or apartment 17 1.4
    House or flat attached to a shop, office 16 1.3
    Semi-detached, row or terrace house, townhouse 10 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 244 45.5
    Rented 173 32.3
    Being purchased 115 21.5
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
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