Livability Index
92
What's this?

Population: 575

House Growth Prediction (per annual): -16%, 7255th out of 5061

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

Keywords: Low Population Density, Cheap House, Agriculture, Livestock, Nature, Manufactoring

Basics

Rand is a local community with population 575, and the population growth over the past decade is -31.5%. It has an average income $38,498 per annum. It has 91.9% of population who only speak English at home. Other top languages include Italian, Filipino. Unemployment rate in Rand is 4.7% while people work as professionals is 9.6%. Rand has 0 Coles stores and 0 Woolworth stores. Its population density is 0.13 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Rand has Socio-Economic raw score 1010.6 while the average score across Australia is 1000. Therefore, Rand has advantage in terms of Socio-Economic measure. It obtains relative score 57 out of 100 across Australia, while relative score 57 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. Rand has a livability index 96.6, which is lower than average 100 across Australia. It ranks 4,386th 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 13.6% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Rand has a higher than average growth expectation. It ranks 5,142th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Unlike house, unit/flat/apartment in Rand is predicted to grow by 13.3% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Rand has a lower than average growth. It ranks 4,098th 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 Rand, 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 Rand, which obtains score of 88 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Rand has a NA than average score, which is NA out of 100. NA to primary school, secondary school has better than average score, which is 60.3 out of 100.

Review

Review Rand, NSW

 

Rand, NSW smart rating was calculated by GeoIndex Australia.

Did you notice any missing info or inaccuracies? Feel free to contact us.