Suburb Profile Report for Darlinghurst NSW (2010)

Darlinghurst House: Median price $1,900,000, Annual capital growth 10.85%, Number of sales 73, Weekly median advertised rent $870

Darlinghurst Unit: Median price $850,000, Annual capital growth 9.10%, Number of sales 279, Weekly median advertised rent $600

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 66th in the list of Australian suburbs ordered by increase in median house value over the last year, Darlinghurst, 2010 is in the top 10% with a property value increase of 30.58% recorded in median house prices.

Darlinghurst,2010 has offered an average of 30.58% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Darlinghurst is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 497th in terms of most discounted suburbs in NSW

A $870 per week rent on the median house gives suburb investors a gross yield of circa 2.38%, without taking into account capital value appreciation, which has been averaging out at 10.85%.

Giving property investors a a stable capital gain of 6.92% for the last year, Darlinghurst, 2010 is the 570th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Darlinghurst,2010 has racked up an average of 6.92% over the period. This ranks it number 676th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Darlinghurst, 2010. Typically our figures indicate that -7.65% is being offered, which puts this NSW suburb at 191th most discounted overall in Australia.

On average over the past year, suburb has had 23.25 sales per month, which equates to 279 per year.

HOUSE UNIT
$1,900,000 $850,000
11.76% 2.10%
30.58% 6.92%
10.85% 9.10%
$870 $600
73 279
2.38% 3.67%
51.76 55.92

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 10060
Median household income ($/weekly) 1840
Median age of persons 34
Median housing loan repayment ($/monthly) 2643
Average household size 1.7
  • Census Count Percent(%)
    20-24 years 827 8.2
    25-34 years 3755 37.3
    35-44 years 2011 20.0
    45-54 years 1314 13.1
    55-64 years 893 8.9
    Others 1261 12.5
    Age Group
    Census Count Percent(%)
    Not Married 4195 56.2
    Defacto Relationship 1913 25.6
    Registered Married 1355 18.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4748 54.8
    Papua New Guinea 490 5.7
    Thailand 182 2.1
    United Kingdom 820 9.5
    Other 795 9.2
    Others 1628 18.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 422 5.1
    Christianity 3711 44.9
    Hinduism 165 2.0
    Judaism 173 2.1
    No Religion 3644 44.1
    Others 155 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 329 7.5
    $1,250-$1,499 324 7.4
    $1,500-$1,999 543 12.4
    $2,500-$2,999 818 18.7
    $4,000 or more 446 10.2
    Others 1920 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4975 59.8
    Not in the labour force 1405 16.9
    Employed, worked part-time 1318 15.9
    Unemployed, looking for work 346 4.2
    Employed, away from work 269 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 1158 17.6
    Professionals 2773 42.3
    Community & personal service workers 583 8.9
    Clerical & administrative workers 726 11.1
    Sales 486 7.4
    Others 837 12.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 111 7.6
    Secondary 81 5.5
    Technical or Further Educational Institution 248 17.0
    University or other Tertiary Institutions 789 54.0
    Other type of educational institution 202 13.8
    Others 30 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5516 69.2
    Semi-detached, row or terrace house, townhouse 2151 27.0
    Separate house 248 3.1
    House or flat attached to a shop, office 57 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2848 61.2
    Being purchased 1083 23.3
    Fully owned 705 15.2
    Other tenure type 16 0.3
    Tenure Type
Census 2011, ABS
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