Suburb Profile Report for Petersham NSW (2049)

Petersham House: Median price $1,340,000, Annual capital growth 8.45%, Number of sales 67, Weekly median advertised rent $760

Petersham Unit: Median price $675,000, Annual capital growth 6.64%, Number of sales 49, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2069th in the list of Australian suburbs ordered by increase in median house value over the last year, Petersham, 2049 is in the BOTTOM 50% with a property value increase of 4.69% recorded in median house prices.

While Petersham,2049 ranked number 922th in NSW for increase in median house value (annualised) increase, it is ranked 376th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Petersham itself are offering an average vendor discount of -7.14% to real estate investors.

Residents and property investors in Petersham have been waiting around 53.3 days to sell a property.

Petersham, 2049 ranked 355th in NSW when comparing growth in median property values or capital gain over the last 12 months. Petersham is one of 3162 in our list for NSW

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Petersham has increased when compared to the 5 year average annual rate.

Vendor discounting in Petersham is giving property investors an average Vendor Discount of around -3.34%. This puts suburb at number 362th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 4.08 sales per month, which equates to 49 per year.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.85%, without taking into account capital value appreciation, which has been averaging out at 6.64%.

HOUSE UNIT
$1,340,000 $675,000
-0.15% 0.00%
4.69% 3.69%
8.45% 6.64%
$760 $500
67 49
2.95% 3.85%
53.3 67.83

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7529
Median household income ($/weekly) 1680
Median age of persons 35
Median housing loan repayment ($/monthly) 2600
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 654 8.7
    25-34 years 1669 22.2
    35-44 years 1499 19.9
    45-54 years 986 13.1
    55-64 years 746 9.9
    Others 1976 26.2
    Age Group
    Census Count Percent(%)
    Not Married 2663 48.6
    Registered Married 1909 34.8
    Defacto Relationship 907 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4846 69.1
    Japan 112 1.6
    Papua New Guinea 168 2.4
    United Kingdom 364 5.2
    Other 550 7.8
    Others 972 13.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 248 3.7
    Christianity 3571 53.1
    Hinduism 72 1.1
    Islam 78 1.2
    No Religion 2661 39.6
    Others 93 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 371 13.5
    $2,000-$2,499 226 8.2
    $2,500-$2,999 352 12.8
    $3,000-$3,499 224 8.2
    $4,000 or more 216 7.9
    Others 1351 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2976 50.2
    Not in the labour force 1404 23.7
    Employed, worked part-time 1085 18.3
    Unemployed, looking for work 255 4.3
    Employed, away from work 212 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 605 14.2
    Professionals 1641 38.4
    Technicians & trades workers 362 8.5
    Community & personal service workers 317 7.4
    Clerical & administrative workers 699 16.4
    Others 646 15.1
    Occupation
    Census Count Percent(%)
    Pre-school 111 6.7
    Infants/Primary 443 26.6
    Secondary 247 14.8
    Technical or Further Educational Institution 191 11.5
    University or other Tertiary Institutions 597 35.8
    Others 79 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2288 34.5
    Flat, unit or apartment 2190 33.0
    Semi-detached, row or terrace house, townhouse 2045 30.8
    House or flat attached to a shop, office 111 1.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1429 48.7
    Being purchased 887 30.2
    Fully owned 607 20.7
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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