Fraud Blocker

Junee, NSW 2663

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 Junee, NSW 2663 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Junee, NSW 2663”

  1. The total adult population (15 years or older) of Junee 2663 NSW is 4,277, with a median age of 39. Of those, 41.73% are married, 12.39% are divorced or separated, 40.12% are single and 5.63% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,908. The median monthly mortgage repayment for households in this suburb is $1,251 which is 18.11% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the state of New South Wales, Junee 2663 is a suburb with an estimated 2,260 households. As we move into the third quarter of 2023, let’s delve a little deeper into the statistics for house properties in this area.

    Prices for houses in Junee typically sit around $439,038, while the median weekly rent holds strong at $366. This combination of price and rent provides an indicative yield of 4.33%. This yield is an attractive prospect for cashflow-focused property investors, sitting comfortably above the minimum attractive market requirement of 3%.

    Junee has a socio-economic score of 880 out of 1217. This IRSAD score indicates a relatively robust socio-economic status among the population in the area, providing potential growth drivers for the property market.

    Investors will also find interest in the renter to owner ratio of 28% and a units to houses ratio of just 1%, both offering promising conditions. A renter to owner ratio below 30% indicates a reasonable balance between rented and owned properties, avoiding over-saturation of rentals. This balance may present substantial returns for property investors and promotes a favourable ‘vibe’ in the neighbourhood. A low units to houses ratio promises less competition among landlords for tenants, thereby helping to maintain high rental yields.

    In terms of property ownership, the affordability index or the ‘Years to Own’ metric stands at 25 years. In other words, it would typically require 25 years to fully own property in this region, indicating that residents can attain high affordability.

    In the supply portion of the market, we have a stock on market Percentage (SoM) for houses sitting only at 0.28%. Such value indicates a very favourable market with low supply. This is supported by an inventory level for houses at 1.41 months, which additionally suggests a favourable condition of low supply. Moreover, no new housings are in sight for the near future as the Building Approval Ratio is at a low 0.0%.

    As for demand, there are a couple of mixed indications. Houses remain listed for an average of 73 days, which suggests a midpoint leaning towards high demand. A vacancy rate of 2.12% reveals a neutral demand from renters – a fairly balanced market. The buy search index for houses, however, is at the lower end of the scale at 3, indicating some limitation in demand.

    In conclusion, there are a few nuances to consider in the Junee 2663 property market. It illustrates an attractive spot with favourable indications in both supply and fundamental metric. There are, however, some limitations in terms of demand. This locale is looking fairly positive overall, but as customary with property investment, final decisions should depend upon a comprehensive review of all factors. The RCS (Relative Composite Score) metric developed by HtAG Analytics can assist in providing a multidimensional overview of the market using over 80 metrics.

    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.

Leave a comment