Barraba, NSW

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Livability Index
95.6
What's this?

Population: 1537

House Growth Prediction (per annual): 29%, 572th out of 5061

Unit Growth Prediction (per annual): 22%, 352th out of 2987

Keywords: Low Rent, Agriculture, Livestock, Big Area, Nature

Basics

Barraba is a local community with population 1,537, and the population growth over the past decade is 4.28%. It has an average income $39,889 per annum. It has 94.9% of population who only speak English at home. Other top languages include Tagalog, Italian, Hindi, Afrikaans, Danish. Unemployment rate in Barraba is 5% while people work as professionals is 14.9%. Barraba has 0 Coles stores and 0 Woolworth stores. Its population density is 0.18 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Barraba has Socio-Economic raw score 875.6 while the average score across Australia is 1000. Therefore, Barraba has disadvantage in terms of Socio-Economic measure. It obtains relative score 9 out of 100 across Australia, while relative score 8 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. Barraba has a livability index 91.1, which is lower than average 100 across Australia. It ranks 6,291th 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, Barraba 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.

Unlike house, unit/flat/apartment in Barraba is predicted to grow by 15.6% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Barraba has a lower than average growth. It ranks 4,124th out of 8,530 suburbs in Australia, which is predicted to be not attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Barraba, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school contribute to the attractiveness of Barraba, which obtains score of 68.5 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Barraba has a NA than average score, which is NA out of 100. NA to primary school, secondary school has worse than average score, which is 43.7 out of 100.

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Barraba, NSW smart rating was calculated by GeoIndex Australia.

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