Barkers Vale, NSW

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Livability Index
91.2
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Population: 356

House Growth Prediction (per annual): 11%, 4364th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: Low Salary, Cheap House, Nature, Volunteer, Agriculture, Healthcare, Unemployed

Basics

Barkers Vale is a local community with population 356, and the population growth over the past decade is -26.4%. It has an average income $36,543 per annum. It has 87.7% of population who only speak English at home. Other top languages include German, Tagalog, Indonesian, Dutch, Swedish. Unemployment rate in Barkers Vale is 9.6% while people work as professionals is 15.2%. Barkers Vale has 0 Coles stores and 0 Woolworth stores. Its population density is 0.19 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Barkers Vale has Socio-Economic raw score 886.7 while the average score across Australia is 1000. Therefore, Barkers Vale has disadvantage in terms of Socio-Economic measure. It obtains relative score 11 out of 100 across Australia, while relative score 10 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. Barkers Vale has a livability index 91.1, which is lower than average 100 across Australia. It ranks 6,290th out of 8,530 suburbs across Australia. Therefore, it is a suburb less 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 15.9% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Barkers Vale has a higher than average growth expectation. It ranks 5,887th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Barkers Vale is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Barkers Vale has a higher than average growth. It ranks NAth 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 Barkers Vale, which obtains score of 98.4 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 Barkers Vale, which obtains score of 93.3 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Barkers Vale has a worse than average score, which is 30.8 out of 100. Similar to to primary school, secondary school has worse than average score, which is 26.9 out of 100.

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Barkers Vale, NSW smart rating was calculated by GeoIndex Australia.

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