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Uralla, NSW 2358

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Uralla, NSW 2358 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Uralla, NSW 2358”

  1. The total adult population (15 years or older) of Uralla 2358 NSW is 2,225, with a median age of 46. Of those, 45.26% are married, 15.24% are divorced or separated, 31.78% are single and 7.51% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,848. The median monthly mortgage repayment for households in this suburb is $1,267 which is 21.67% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the state of New South Wales, the suburb of Uralla 2358 is home to an estimated 1,505 households. As we approach the end of the third quarter in 2023, the residential property market of Uralla reveals a dynamic landscape for property investors and buyers.

    The typical price for houses in Uralla sits at $513,419 while commanding a median weekly rent of $421. This combination results in a promising indicative yield of 4.26%, surpassing the minimum requirement of 3% set by cashflow-focused property investors.

    Analysing essential metrics, the socioeconomic status of Uralla’s residents is noted by an IRSAD score of 921 out of the maximum 1217. This nominally high score indicates a favourable financial environment, which may mean a better community ‘vibe’ and an elevated appeal to quality tenants.

    When gauging the balance between rental properties and owned residency, the healthy 25% renter-to-owner ratio suggests a market that isn’t oversaturated with rental properties. Additionally, the low units-to-houses ratio of 2% emphasises less competition among landlords for tenants, potentially resulting in higher rental yields.

    However, the affordability index of 34 years does temper expectations as it indicates below-average property affordability amongst Uralla’s residents.

    Supply metrics seem to favour the property investor. The stock on market Percentage, sitting at minimal 0.14%, reveals a desirable low supply situation, potentially sparking a competitive buying scenario. Additionally, the slim inventory level of 0.38 months reflects a remarkably high absorption rate of new listings. The building approvals Ratio of 0% indicates no significant increase in upcoming housing stock.

    Turning to demand metrics, houses in Uralla typically spend 45 days on the market – a moderately high figure hinting at somewhat balanced demand. The slightly elevated vacancy rate of 3.71% indicates a fairly neutral market condition. The buy search index for houses balances out at 5, sitting right in the heart of the neutral range when compared against the state/city average.

    Remember, observing consistent property market trends is crucial in any real estate investment strategy. Therefore, leveraging tools such as the RCS (Relative Composite Score) developed by HtAG Analytics, can automate and enhance your market research using over 80 vital metrics.

    Despite some hurdles, the overall moderate-to-high performance of most metrics suggests potential for profitable investments in Uralla 2358’s housing market. It’s always recommended to keep a watchful eye on changing market conditions and adjust your investment strategies accordingly.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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