Suburb Profile Report for Birchgrove NSW (2041)

Birchgrove House: Median price $1,760,000, Annual capital growth 6.96%, Number of sales 45, Weekly median advertised rent $950

Birchgrove Unit: Median price $1,407,500, Annual capital growth 12.07%, Number of sales 27, Weekly median advertised rent $660

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

Source: CoreLogic

  • House Report
  • Unit Report

Birchgrove is in the bottom 10% in NSW when comparing median price capital growth over the last year. Birchgrove gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.61%.

While Birchgrove,2041 ranked number 1241th in NSW for increase in median house value (annualised) increase, it is ranked 720th over the last 5 years.

Birchgrove2041 is located in NSW which offers an average discount of -5.53% to property investors. Birchgrove itself is showing figures that indicate 0.00% is the average achievable by property buyers investing in the suburb.

In the last year 45 properties changed hands in Birchgrove, which puts it as the 712th most active market in NSW when comparing the number of sales per suburb.

Birchgrove is 978th on a list of best yielding suburbs for rents in NSW with a 2.81% return

Property investors who have had real estate in Birchgrove, 2041 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 34.05%

A 59.04% growth in median value for property investors in Birchgrove,2041 puts this suburb at number 59th in terms of best performing suburbs in NSW

Using the current median advertised rental of $660 and the average annual increase in value of a median property of 12.07%, investors should hope to achieve an overall return of 2.44%

HOUSE UNIT
$1,760,000 $1,407,500
-4.22% 6.63%
-4.61% 34.05%
6.96% 12.07%
$950 $660
45 27
2.81% 2.44%
58.38 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3106
Median household income ($/weekly) 2726
Median age of persons 40
Median housing loan repayment ($/monthly) 3300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 305 9.8
    25-34 years 437 14.1
    35-44 years 589 19.0
    45-54 years 485 15.6
    55-64 years 475 15.3
    Others 815 26.2
    Age Group
    Census Count Percent(%)
    Registered Married 1079 46.5
    Not Married 844 36.4
    Defacto Relationship 397 17.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2038 70.6
    Papua New Guinea 99 3.4
    United Kingdom 364 12.6
    United States of America 39 1.4
    Other 97 3.4
    Others 251 8.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 1.5
    Christianity 1453 52.9
    Judaism 25 0.9
    Other Religious Groups 10 0.4
    No Religion 1204 43.8
    Others 16 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 87 7.9
    $2,500-$2,999 248 22.6
    $3,000-$3,499 118 10.7
    $3,500 -$3,999 84 7.6
    $4,000 or more 207 18.8
    Others 355 32.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1234 51.0
    Not in the labour force 565 23.3
    Employed, worked part-time 454 18.8
    Employed, away from work 104 4.3
    Unemployed, looking for work 64 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 439 24.4
    Professionals 816 45.4
    Technicians & trades workers 85 4.7
    Clerical & administrative workers 206 11.5
    Sales 101 5.6
    Others 150 8.3
    Occupation
    Census Count Percent(%)
    Pre-school 48 7.6
    Infants/Primary 215 34.1
    Secondary 138 21.9
    Technical or Further Educational Institution 43 6.8
    University or other Tertiary Institutions 166 26.3
    Others 21 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 1407 49.1
    Separate house 1139 39.7
    Flat, unit or apartment 315 11.0
    House or flat attached to a shop, office 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 412 33.7
    Being purchased 406 33.3
    Rented 400 32.8
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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