Livability Index
109
What's this?

Population: 5620

House Growth Prediction (per annual): 27%, 768th out of 5061

Unit Growth Prediction (per annual): 20%, 475th out of 2987

Keywords: Nature, Young, Workforce, Well Educated, Professional, Large Household, Large Family, High Salary, High Rent, Valuable House

Basics

Bangor (NSW) is a local community with population 5,620, and the population growth over the past decade is -4.98%. It has an average income $56,965.67 per annum. It has 88.1% of population who only speak English at home. Other top languages include Greek, Italian, Arabic, Cantonese, Croatian. Unemployment rate in Bangor (NSW) is 3.3% while people work as professionals is 22.4%. Bangor (NSW) has 0 Coles stores and 0 Woolworth stores. Its population density is 175.4 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bangor (NSW) has Socio-Economic raw score 1116.9 while the average score across Australia is 1000. Therefore, Bangor (NSW) has advantage in terms of Socio-Economic measure. It obtains relative score 96 out of 100 across Australia, while relative score 93 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Bangor (NSW) has a livability index 111.8, which is higher than average 100 across Australia. It ranks 501th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 17.6% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bangor (NSW) has a higher than average growth expectation. It ranks 6,721th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Bangor (NSW) is predicted to grow by 9.3% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bangor (NSW) has a higher than average growth. It ranks 3,716th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Bangor (NSW), which obtains score of 98.8 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Bangor (NSW), which obtains score of 91.5 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bangor (NSW) has a better than average score, which is 72.6 out of 100. Similar to to primary school, secondary school has better than average score, which is 78.3 out of 100.

Review

Review Bangor, NSW

 

Bangor, NSW smart rating was calculated by GeoIndex Australia.

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