Suburb Profile Report for Birchgrove NSW (2041)

Birchgrove House: Median price $2,020,000, Annual capital growth 8.28%, Number of sales 54, Weekly median advertised rent $980

Birchgrove Unit: Median price $1,410,000, Annual capital growth 12.64%, Number of sales 35, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Birchgrove have tracked just higher than the NSW average of 7.47% over the last 12 months.

Birchgrove,2041 has offered an average of 11.29% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of 0.00% to buyers in Birchgrove at the moment, which is less than average for the rest of NSW.

A $980 per week rent on the median house gives suburb investors a gross yield of circa 2.52%, without taking into account capital value appreciation, which has been averaging out at 8.28%.

Birchgrove has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.80% to date .

Birchgrove,2041 was ranked 1341 in Australia by increase in median property value over the quarter.

The NSW suburb of Birchgrove, 2041 is in the Leichhardt local government area.

Metrics i HOUSE UNIT
$2,020,000 $1,410,000
8.31% -2.08%
11.29% 12.80%
8.28% 12.64%
$980 $650
54 35
2.52% 2.40%
48.86 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (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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