Barrack Point, NSW

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Livability Index
101.6
What's this?

Population: 627

House Growth Prediction (per annual): 19%, 2537th out of 5061

Unit Growth Prediction (per annual): 13%, 1903th out of 2987

Keywords: High Price, Diverse Language, Well Educated, High Rent

Basics

Barrack Point is a local community with population 627, and the population growth over the past decade is 16%. It has an average income $50,061.33 per annum. It has 89.2% of population who only speak English at home. Other top languages include Italian, Arabic, German, Spanish, Croatian. Unemployment rate in Barrack Point is 5.1% while people work as professionals is 18.1%. Barrack Point has 0 Coles stores and 0 Woolworth stores. Its population density is 13.27 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Barrack Point has Socio-Economic raw score 1013.2 while the average score across Australia is 1000. Therefore, Barrack Point has advantage in terms of Socio-Economic measure. It obtains relative score 59 out of 100 across Australia, while relative score 58 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. Barrack Point has a livability index 100.6, which is higher than average 100 across Australia. It ranks 2,976th 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 15.5% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Barrack Point has a higher than average growth expectation. It ranks 5,689th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Barrack Point is predicted to grow by 7.2% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Barrack Point has a higher than average growth. It ranks 2,924th 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 Barrack Point, which obtains score of 95.4 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 Barrack Point, which obtains score of 80.9 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Barrack Point has a worse than average score, which is 23.3 out of 100. Similar to to primary school, secondary school has worse than average score, which is 27.7 out of 100.

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Barrack Point, NSW smart rating was calculated by GeoIndex Australia.

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