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Largs, NSW 2320

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 Largs, NSW 2320 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 “Largs, NSW 2320”

  1. The total adult population (15 years or older) of Largs 2320 NSW is 1,538, with a median age of 39. Of those, 52.80% are married, 11.51% are divorced or separated, 29.00% are single and 6.83% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $9,272. The median monthly mortgage repayment for households in this suburb is $2,000 which is 21.57% of their earnings.

    Source: ABS Census Data (2021)

  2. Based in the state of NSW, the suburb of LARGS 2320 is home to a community of approximately 796 households. As we approach the conclusion of Q3 in 2023, the typical house prices in this region are standing firm at an average of $891,824, with the median weekly rent currently at $601. This statistic provides us with an indicative yield of 3.5%, meeting the minimal attractive market requirement for property investors who are primarily centred on positive cash flow.

    Delving into the socio-economics of LARGS 2320, the suburb enjoys an IRSAD score of 1006 out of 1217, signalling a robust socio-economic status within its populace, thus making for a potentially secure investment landscape. Furthermore, the area boasts a low renter to owner ratio of just 16%, which bodes well for investors as it indicates a lower risk market with less competition.

    When it comes to property diversity, LARGS 2320 sets itself apart with a 0% units to houses ratio, indicating an entirely house-dominated market. This presents an advantage as it reduces competition among property investors for tenants, maintaining a stable rental yield.

    However, the affordability index for houses raises a note of caution, as it stands at a challenging 38 years – surpassing the general 30-year mortgage time frame. This suggests potential difficulties for home-buyers in fully owning a property in this suburb.

    When assessing supply metrics, houses in LARGS 2320 present a favourable trend, with a low stock on market Percentage of just 0.13% and a minimal inventory at 0.43 months – suggesting quick turnover of property sales. Additionally, with a building approvals Ratio at zero, we see no immediate threat of increased supply from new dwellings.

    In terms of demand, the market reflects neutral interest with days on market for houses being 54, indicating moderate demand for properties. The vacancy rate at 2.31% falls within the neutral demand category, suggesting a balanced supply-demand situation for the housing market.

    Lastly, the buy search index metric places LARGS 2320 at an average level with a score of 5, signifying a decent level of interest in the property market of this suburb.

    While some dynamic factors suggest certain concerns for potential investors in the area, the majority of market indicators for LARGS 2320 point toward a stable, reliable investment environment. Further aid in decision-making is granted by the RCS (Relative Composite Score) metric, which simplifies this research with a more comprehensive analysis using over 80 different metrics. In conclusion, LARGS 2320 remains a viable consideration for property investors, but like all investment opportunities, continuous monitoring of market conditions is critical.

    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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