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Dorrigo
AREA REPORTS

Dorrigo

Dorrigo - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2453

house

A steady increase in median property prices over a five-year period in the suburb translates to a 19.55% capital gain.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $394,500.

Profits due to an upward trend in home prices there averaged 6.52% per annum over a 3-year period.

Home owners selling their properties and realtors in DORRIGO usually have to wait an average of 133.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $325 mark, reflecting a 4.28% increase in returns based on the current median price in DORRIGO.

DORRIGO, 2453 places 1358th in Australia based on median property value growth during the quarter.

Data report can be found below

Dorrigo
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $394,500 N/A
GROWTH REPORT
Median Quarterly -2.59% N/A
Median 12 month -1.99% N/A
Median 3 years 19.55% N/A
Median 5 years 33.73% N/A
10 years average annual 3.63% N/A
Weekly media advert. rent $325 N/A
Time on Market 133.9 days N/A
Gross Rental Yield Percent 4.28% N/A
demographics (median values)*
Total Population
2768
Weekly Household Income
840
Household Size
2.20
Age
52
Monthly Loan Repayment
1105
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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