Suburb Profile Report for Drummoyne NSW (2047)

Drummoyne House: Median price $2,100,000, Annual capital growth 10.19%, Number of sales 81, Weekly median advertised rent $860

Drummoyne Unit: Median price $1,075,000, Annual capital growth 7.73%, Number of sales 164, Weekly median advertised rent $635

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1156th in the list of Australian suburbs ordered by increase in median house value over the last year, Drummoyne, 2047 is in the top 30% with a property value increase of 10.53% recorded in median house prices.

Comparing Drummoyne,2047 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Drummoyne itself are offering an average vendor discount of -7.14% to real estate investors.

Drummoyne, 2047 ranked 112th in NSW when comparing growth in median property values or capital gain over the last 12 months. Drummoyne is one of 3163 in our list for NSW

Over the longer term, Drummoyne has seen property prices show investors a 32.15% return over the last 3 years. This is worse than over the last 12 months

Drummoyne2047 is located in NSW which offers an average discount of -4.33% to property investors. Drummoyne itself is showing figures that indicate -6.26% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Drummoyne the average time real estate has been on the market is 35.46 days.

The NSW suburb of Drummoyne, 2047 is in the Canada Bay local government area.

Metrics i HOUSE UNIT
$2,100,000 $1,075,000
4.74% 0.00%
10.53% 13.16%
10.19% 7.73%
$860 $635
81 164
2.13% 3.07%
52.42 35.46

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 11377
Median household income ($/weekly) 2148
Median age of persons 39
Median housing loan repayment ($/monthly) 2760
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 998 8.8
    25-34 years 1980 17.4
    35-44 years 1994 17.5
    45-54 years 1466 12.9
    55-64 years 1309 11.5
    Others 3631 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 3895 46.8
    Not Married 3337 40.1
    Defacto Relationship 1083 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7388 70.4
    Japan 302 2.9
    Papua New Guinea 292 2.8
    United Kingdom 571 5.4
    Other 454 4.3
    Others 1480 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 239 2.3
    Christianity 7379 72.4
    Hinduism 97 1.0
    Islam 103 1.0
    No Religion 2278 22.3
    Others 100 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 448 11.1
    $2,000-$2,499 318 7.9
    $2,500-$2,999 709 17.5
    $3,000-$3,499 346 8.6
    $4,000 or more 537 13.3
    Others 1688 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4237 48.6
    Not in the labour force 2455 28.2
    Employed, worked part-time 1499 17.2
    Employed, away from work 319 3.7
    Unemployed, looking for work 211 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1344 22.2
    Professionals 2184 36.1
    Technicians & trades workers 414 6.8
    Clerical & administrative workers 889 14.7
    Sales 490 8.1
    Others 734 12.1
    Occupation
    Census Count Percent(%)
    Pre-school 187 8.7
    Infants/Primary 674 31.4
    Secondary 452 21.0
    Technical or Further Educational Institution 177 8.2
    University or other Tertiary Institutions 574 26.7
    Others 85 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4451 43.8
    Flat, unit or apartment 3965 39.0
    Semi-detached, row or terrace house, townhouse 1720 16.9
    House or flat attached to a shop, office 21 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1584 36.2
    Fully owned 1474 33.7
    Being purchased 1295 29.6
    Other tenure type 27 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals