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Marmong Point, NSW 2284

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 Marmong Point, NSW 2284 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 “Marmong Point, NSW 2284”

  1. The total adult population (15 years or older) of Marmong Point 2284 NSW is 631, with a median age of 47. Of those, 53.57% are married, 15.21% are divorced or separated, 25.99% are single and 6.97% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $8,820. The median monthly mortgage repayment for households in this suburb is $1,946 which is 22.06% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in NSW, the suburb of Marmong Point 2284 is home to nearly 332 households. As of Q3, 2023, the typical price for houses in this coveted pocket is $880,727, featuring a median weekly rent of $550. This translates into an appealing indicative yield of approximately 3.24% for potential investors.

    Marmong Point scored 1012 out of 1217 on the IRSAD index. This score portrays a robust socio-economic standing with access to economic resources, affluent income levels, and an occupation trend toward professional and skilled roles amongst the resident population.

    An impressive renter-to-owner ratio of just 14% is seen in this community, positioning it well below the threshold of 30%, indicating a market not over-saturated with rental options, aligning with long term return potential for investors and an appealing neighbourhood vibe. Suburb’s unit to houses ratio is also favourable, standing at 0% which implies that the market is not weighed down by an oversupply of unit rentals – promoting less competition among landlords and the propensity for maintained high rental yields.

    Despite the graces, one possible hurdle for potential buyers to traverse is its affordability index. Standing at a formidable 39 years, the time it would take to fully own a property in the area is higher than ideal, pointing towards decreased affordability in the property landscape.

    Resonating encouraging figures, the stock on market percentage for houses stands at a favourable 0.34%, indicating low supply, and inventory levels lie in a reasonably good zone at 2.4 months. Despite this, the 0% building approval ratio for houses might indicate limited new dwellings coming to the market in the near future.

    In terms of demand, houses are not lingering for long on market, with average selling times being a brisk 21 days, highlighting high purchaser demand. Meanwhile, a somewhat neutral vacancy rate of 2.22% indicates a balanced rental market.

    However, the buy search index for houses is at a moderate 3, which might suggest limited demand in the area based on online search behaviours. Even though this indicates some limited demand in the purchasing realm, it’s crucial for investors to ensure a balanced view of all metrics.

    In conclusion, while Marmong Point 2284 presents some insightful points for investment, especially revolving around the promising rental yield and low stock on market percentage, investors ought to consider all metrics and keep a close watch on trends to make informed and prosperous decisions.

    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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