Suburb Profile Report for Peak Hill NSW (2869)

Peak Hill House: Median price $132,500, Annual capital growth 9.88%, Number of sales 23, Weekly median advertised rent N/A

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

If you compare the increase in value of investment property in Peak Hill, 2869 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 43.24%.

Peak Hill,2869 was ranked 3913 in Australia by increase in median property value over the quarter.

At number 8th of NSW’s most discounted properties, Peak Hill is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Situated 307.97km from the CBD, Peak Hill is one of Parkes (A) localities in the postcode 2869.

Metrics	HOUSE	UNIT
Median price	$132,500	N/A
Quarterly growth	-4.50%	N/A
12-month growth	43.24%	N/A
Average Annual Growth	9.88%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	23	N/A
Gross rental yield	N/A	N/A
Days on market	167	N/A

DSR Score for property investment : Above average (H), Poor (U)

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Demographics

Total population	1150
Median household income ($/weekly)	626
Median age of persons	45
Median housing loan repayment ($/monthly)	910
Average household size	2.2

Census	Count	Percent(%)
5-14 years	140	12.2
35-44 years	142	12.3
45-54 years	166	14.4
55-64 years	173	15.0
65-74 years	135	11.7
Others	394	34.3

Age Group

Census	Count	Percent(%)
Not Married	386	46.8
Registered Married	379	45.9
Defacto Relationship	60	7.3

Social Marital Status

Census	Count	Percent(%)
Australia	1009	95.0
Greece	5	0.5
Papua New Guinea	5	0.5
United Kingdom	19	1.8
Other	10	0.9
Others	14	1.3

Country of Birth

Census	Count	Percent(%)
Buddhism	5	0.5
Christianity	924	88.1
Islam	12	1.1
Australian Aboriginal Traditional Religions	6	0.6
No Religion	99	9.4
Others	3	0.3

Religious Affiliation

Census	Count	Percent(%)
$300-$399	70	16.7
$400-$599	85	20.3
$600-$799	55	13.1
$800-$999	35	8.4
$1,000-$1,249	37	8.8
Others	137	32.7

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	437	50.1
Employed, worked full-time	239	27.4
Employed, worked part-time	123	14.1
Unemployed, looking for work	39	4.5
Employed, away from work	34	3.9

Person Characteristics

Census	Count	Percent(%)
Managers	120	30.2
Professionals	38	9.6
Technicians & trades workers	44	11.1
Community & personal service workers	53	13.4
Labourers	45	11.3
Others	97	24.4

Occupation

Census	Count	Percent(%)
Pre-school	24	9.6
Infants/Primary	80	31.9
Secondary	93	37.1
Technical or Further Educational Institution	35	13.9
Other type of educational institution	10	4.0
Others	9	3.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1006	96.3
Flat, unit or apartment	14	1.3
House or flat attached to a shop, office	9	0.9
Semi-detached, row or terrace house, townhouse	8	0.8
Caravan, cabin, houseboat	8	0.8
Others	0	0.0