Suburb Profile Report for Peak Hill NSW (2869)

Peak Hill House: Median price $100,000, Annual capital growth 0.57%, Number of sales 25, Weekly median advertised rent $220

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic What is the right investment loan for you? Find out now

House Report

Over the last year, property investments in Peak Hill, 2869 have given investors a capital gain of -23.08%. This compares very badly with the 4.04% for NSW as a whole.

Comparing Peak Hill,2869 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Peak Hill2869 is located in NSW which offers an average discount of -6.18% to property investors. Peak Hill itself is showing figures that indicate -14.37% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Peak Hill the average time real estate has been on the market is 86.3 days.

The NSW suburb of Peak Hill, 2869 is in the Parkes local government area.

Metrics	HOUSE	UNIT
Median price	$100,000	N/A
Quarterly growth	-6.98%	N/A
12-month growth	-23.08%	N/A
Average Annual Growth	0.57%	N/A
Weekly median advertised rent	$220	N/A
Number of sales	25	N/A
Gross rental yield	11.44%	N/A
Days on market	86.3	N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)

Find another suburb

Find a mortgage broker in Peak Hill NSW

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