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Culcairn
AREA REPORTS

Culcairn

Culcairn - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2660

house

CULCAIRN, 2660 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling CULCAIRN, 2660 values up and netting property investors a capital gain of 21.81% for the past year.

Investors saw the median home price rise to $215,000.

Profits due to an upward trend in home prices in the suburb averaged 6.48% per annum over a 3-year period.

CULCAIRN now ranks at the 132nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CULCAIRN are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $270 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CULCAIRN, homes and units usually stay on listing for an average of 106.6 days.

In 2016, 47 properties were sold in CULCAIRN during the past year, making it the 422nd most active market in NSW based on total real estate transactions.

Data report can be found below

Culcairn
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $215,000 N/A
GROWTH REPORT
Median Quarterly 10.97% N/A
Median 12 month 21.81% N/A
Median 3 years 19.44% N/A
Median 5 years 29.91% N/A
10 years average annual 5.73% N/A
Weekly media advert. rent $270 N/A
Time on Market 106.6 days N/A
Gross Rental Yield Percent 6.53% N/A
demographics (median values)*
Total Population
1610
Weekly Household Income
1080
Household Size
2.50
Age
42
Monthly Loan Repayment
979
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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