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Towradgi, NSW 2518

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 Towradgi, NSW 2518 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 “Towradgi, NSW 2518”

  1. The total adult population (15 years or older) of Towradgi 2518 NSW is 2,735, with a median age of 42. Of those, 41.46% are married, 12.76% are divorced or separated, 38.87% are single and 7.06% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $9,416. The median monthly mortgage repayment for households in this suburb is $2,300 which is 24.43% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in New South Wales, the suburb of Towradgi, postcode 2518, is estimated to play host to around 1,574 households. As we took stock in quarter three of 2023, the typical prices for houses in this area rounded off at a hefty sum of $1,372,445. Meanwhile, the median weekly rent figure stood at a healthy $635, subsequently yielding a return rate of 2.41%. Even though it falls slightly below the standard 3% yield requirement, this yield percentage is still quite feasible for cashflow-focused property investors.

    Delving into the socio-economic status of the region, Towradgi earned an IRSAD score of 1005 out of a total 1217. This impressive score points to a favourable environment enriched with substantial economic resources, high income levels, and a high proportion of skilled professionals among its residents.

    As per the renter to owner ratio, Towradge is at a balanced 31%, underlining a healthy mix of homeowners and renters in the area – a figure that retains the area’s appeal and the neighbourhood vibe, while offering sustainable return on property investments.

    Looking into the property scene, houses comfortably overtake the units with a units to houses ratio of 12%, pointing towards the suburb’s appeal to families and longer tenancy periods. This figure is quite favourable, speaking well for property investors as it hints at reduced competition among landlords and potential higher rental yields.

    From the affordability perspective, the index for houses falls at 57 years – a fact that may dampen investment appeal due to the extended duration exceeding the standard 30-year mortgage period.

    On the supply side of things, the inventory figures are quite favourable, with the stock on market percentage for houses standing at 0.16%, well below the 0.4% threshold for low supply. This, coupled with an inventory level for houses at 0.73 months (again, within the favourable range), creates a potentially attractive landscape for property investors. Though it’s worth noting that the building approvals ratio for houses is at 0.31% – this figure sits slightly above the optimum 0.3% but is not considered unfavourable.

    When it comes to demand, with days on market for houses at 127, indicating lower demand. However, vacancy rates tell a different story; standing at a mere 0.81%, we have a strong suggestion of high demand. Somehow adding a silver lining to the overall demand perspective is the buy search index of 5, indicating neutral demand.

    This detailed breakdown provides a comprehensive snapshot of Towradgi’s property market. Given this data, potential investors should consider its merits, bearing in mind it’s perfectly acceptable to have some metrics in the unfavorable range, provided the majority lean favorably. Indeed, keeping an eye on developing market trends, like those provided by HtAG Analytics’ Relative Composite Score metrics, can be critical in making informed property investment 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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