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Howlong, NSW 2643

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 Howlong, NSW 2643 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 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

1BR

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Yield 

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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 “Howlong, NSW 2643”

  1. The total adult population (15 years or older) of Howlong 2643 NSW is 2,501, with a median age of 49. Of those, 49.98% are married, 14.51% are divorced or separated, 27.79% are single and 7.84% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $6,448. The median monthly mortgage repayment for households in this suburb is $1,300 which is 20.16% of their earnings.

    Source: ABS Census Data (2021)

  2. The tranquil suburb of Howlong, postcode 2643, resides within the state of New South Wales and is home to approximately 1,718 households. Entering Q3 of 2023, Howlong’s property market presents enticing opportunities for those in search of investment potential or a serene lifestyle.

    The typical price point for houses within Howlong sits around the mark of $490,176 AUD. With a median weekly rent of $415, properties in the area generate an indicative yield of nearly 4.4% – a metric significantly above the minimum attractive market requirement of 3%. This makes Howlong particularly appealing for property investors focused on cash flow.

    From a socio-economic perspective, Howlong boasts an IRSAD score of 921 out of 1217, mirroring a strong socio-economic status. Furthermore, a low renter to owner ratio of 18% suggests a market dominated by homeowners rather than renters. This factor reduces the potential risk and competition usually found in areas oversaturated with rental properties.

    The units to houses ratio stands at only 3%, indicating a lower frequency of units in the market. This can result in less competition among landlords for tenants, a situation favourable for maintaining higher yields and attracting longer tenancy periods.

    The affordability index for Howlong homes clocks in at 30 years, reflecting a high level of affordability for potential homeowners based on a standard 30-year mortgage.

    Supply metrics also shine favourably upon the suburb. With stock on market Percentage valued at a low 0.24% and an inventory level of 1.09 months, properties in Howlong are quickly snatched up by eager buyers, reflecting a high absorption rate.

    Supporting this, the building approvals ratio for houses is currently at 0%, minimising the probability of oversupply in the near future.

    Looking at demand, the average days on market for houses is 62. And while it’s slightly above the high-demand mark of 35 days, it remains far below the unfavourable 90-day threshold. Also, with a low vacancy rate of just 0.96%, Howlong indicates a high-demand market environment.

    Finally, the buy search index for houses is 4, representing a neutral demand. But coupled with other impressively favourable metrics, Howlong still holds a strong potential for capital gains.

    To summarise, the suburb of Howlong 2643 presents an attractive opportunity for property investors or prospective homeowners primarily due to its high indicative yield, low level of competition, high affordability, and strong demand indicators. Nonetheless, keep a close eye on the market trends as fluctuations may occur.

    Remember, the HtAG Analytics’ Relative Composite Score provides a more detailed analysis by incorporating over 80 metrics, streamlining your property research needs.

    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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