Suburb Profile Report for Condobolin NSW (2877)

Condobolin House: Median price $186,250, Annual capital growth 4.36%, Number of sales 44, Weekly median advertised rent $235

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of 11.36% for the last 12 months, Condobolin, 2877 has performed for property investments than its average annual 4.36% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Condobolin has given property investors a paper return of 11.19%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Condobolin should be aiming for at least -9.80% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 44 properties changed hands in Condobolin, which puts it as the 587th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $235 and the average annual increase in value of a median property of 4.36%, investors should hope to achieve an overall return of 6.56%

Metrics i HOUSE UNIT
$186,250 N/A
11.19% N/A
11.36% N/A
4.36% N/A
$235 N/A
44 N/A
6.56% N/A
111.6 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Poor (U)
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Demographics
Total population 3742
Median household income ($/weekly) 867
Median age of persons 40
Median housing loan repayment ($/monthly) 953
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 528 14.1
    25-34 years 426 11.4
    35-44 years 445 11.9
    45-54 years 507 13.5
    55-64 years 485 13.0
    Others 1352 36.1
    Age Group
    Census Count Percent(%)
    Registered Married 1228 46.9
    Not Married 1060 40.5
    Defacto Relationship 328 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3393 96.2
    Papua New Guinea 17 0.5
    South Africa 14 0.4
    United Kingdom 35 1.0
    Other 24 0.7
    Others 43 1.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.6
    Christianity 3020 87.7
    Hinduism 3 0.1
    Australian Aboriginal Traditional Religions 6 0.2
    No Religion 390 11.3
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 134 10.9
    $400-$599 171 13.9
    $600-$799 149 12.1
    $800-$999 125 10.1
    $1,500-$1,999 143 11.6
    Others 511 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1064 38.3
    Employed, worked full-time 1051 37.8
    Employed, worked part-time 473 17.0
    Employed, away from work 103 3.7
    Unemployed, looking for work 88 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 404 24.8
    Professionals 217 13.3
    Technicians & trades workers 189 11.6
    Machinery operators & drivers 176 10.8
    Labourers 182 11.2
    Others 460 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 83 11.0
    Infants/Primary 324 43.0
    Secondary 231 30.6
    Technical or Further Educational Institution 68 9.0
    University or other Tertiary Institutions 41 5.4
    Others 7 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3362 97.6
    Semi-detached, row or terrace house, townhouse 10 0.3
    Flat, unit or apartment 42 1.2
    Caravan, cabin, houseboat 19 0.6
    Improvised home, tent, sleepers out 7 0.2
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 568 41.4
    Rented 438 31.9
    Being purchased 346 25.2
    Other tenure type 20 1.5
    Tenure Type
Census 2011, ABS
Chart Table