Loading...
Loading...
The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
2023 Picki. All rights reserved.
Duramana is a suburb in Area of Bathurst Regional, Australia with 206 residents. The median house price is $770K with a rental yield of 1.7%. Our analysis rates Duramana with a suburb score of 65/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
65
out of 100
Suburb Score
0
investors
Slow Recent Price Growth
Low Rental Yield
Buying Window: Strong investment potential with prices forecast to outperform the market average over 1-3 years. Key indicators signal favorable conditions for capital growth.
Upswing: Prices are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength.
Consolidating: Prices may grow below average in the short term. Rental growth could also slow during this phase. Consider monitoring market indicators before investing.
Peak: Price growth is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest. Consider waiting for better conditions.
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
Loading...
What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia — all in the one place. We do not include sub-division, house and land packages, or individual lots/land that is for sale.
Suburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
|---|
Duramana has a suburb score of 65/100 for investment timing, placing it in the moderate investment category within Area of Bathurst Regional. The suburb shows balanced fundamentals for property investment, with reasonable growth potential and stable rental returns. Investors seeking a mix of capital growth and rental yield may find Duramana suitable for their portfolio.
Duramana's capital growth outlook is moderate based on current market indicators. Duramana shows stable growth fundamentals with some variation across different property types. Investors should consider factors like proximity to amenities, school catchments, and infrastructure developments when assessing individual property growth potential.
Duramana is located within Area of Bathurst Regional Local Government Area in Australia. Area of Bathurst Regional encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Duramana is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Duramana is $770K based on recent sales data. This median price positions Duramana as a mid-market suburb in Area of Bathurst Regional, balancing accessibility for investors with capital growth potential.
Duramana has an average rental yield of 1.7%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Duramana typically focus on long-term wealth building rather than immediate cash flow.
Duramana has a population of approximately 206 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Duramana is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Duramana's suburb score of 65/100 can be compared against other suburbs in Area of Bathurst Regional to identify relative investment value. With a score between 50-80, Duramana sits in the middle tier of Area of Bathurst Regional suburbs. Some neighboring suburbs may offer better timing opportunities while others may be less favorable. Compare all suburbs in Area of Bathurst Regional using our platform to find the best investment opportunities.
