Suburb Profile Report for Centennial Park NSW (2021)

Centennial Park House: Median price $2,900,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent N/A

Centennial Park Unit: Median price $708,000, Annual capital growth 7.38%, Number of sales 63, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Centennial Park have tracked lower than the NSW average of 7.93% over the last 12 months.

While Centennial Park,2021 ranked number 1410th in NSW for increase in median house value (annualised) increase, it is ranked 1250th over the last 5 years.

At number 890th in the list of Australian suburbs ordered by increase in median house value over the last year, Centennial Park, 2021 is in the BOTTOM 50% with a property value increase of 2.98% recorded in median house prices.

Centennial Park,2021 was ranked 399 in Australia by increase in median property value over the quarter.

Property buyers and investors in Centennial Park 2021 should be seeing an average reduction in asking price of around -4.37% . This means that Centennial Park is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 5.25 sales per month, which equates to 63 per year.

With the median price for a house in Centennial Park being $708000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.04%

HOUSE UNIT
$2,900,000 $708,000
-33.71% 2.61%
-42.00% 2.98%
N/A 7.38%
N/A $550
11 63
N/A 4.04%
N/A 44.85

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 2105
Median household income ($/weekly) 1713
Median age of persons 35
Median housing loan repayment ($/monthly) 2323
Average household size 1.8
  • Census Count Percent(%)
    25-34 years 635 30.2
    35-44 years 377 17.9
    45-54 years 242 11.5
    55-64 years 228 10.8
    65-74 years 150 7.1
    Others 474 22.5
    Age Group
    Census Count Percent(%)
    Not Married 935 56.1
    Registered Married 456 27.3
    Defacto Relationship 277 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1211 63.7
    Italy 40 2.1
    Papua New Guinea 58 3.0
    United Kingdom 170 8.9
    Other 183 9.6
    Others 240 12.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 56 3.1
    Christianity 1034 56.4
    Islam 20 1.1
    Judaism 101 5.5
    No Religion 613 33.4
    Others 10 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 91 9.4
    $1,250-$1,499 79 8.2
    $1,500-$1,999 144 14.9
    $2,500-$2,999 145 15.0
    $4,000 or more 83 8.6
    Others 426 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1018 58.5
    Not in the labour force 336 19.3
    Employed, worked part-time 295 17.0
    Employed, away from work 53 3.0
    Unemployed, looking for work 38 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 234 17.2
    Professionals 553 40.6
    Community & personal service workers 95 7.0
    Clerical & administrative workers 215 15.8
    Sales 101 7.4
    Others 164 12.0
    Occupation
    Census Count Percent(%)
    Pre-school 20 5.0
    Infants/Primary 66 16.6
    Secondary 66 16.6
    Technical or Further Educational Institution 51 12.8
    University or other Tertiary Institutions 179 45.0
    Others 16 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1321 70.9
    Separate house 298 16.0
    Semi-detached, row or terrace house, townhouse 243 13.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 550 53.8
    Being purchased 257 25.1
    Fully owned 212 20.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals