Suburb Profile Report for Northbridge NSW (2063)

Northbridge House: Median price $3,050,000, Annual capital growth 9.28%, Number of sales 75, Weekly median advertised rent $1,280

Northbridge Unit: Median price $1,145,000, Annual capital growth 9.21%, Number of sales 21, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Northbridge, 2063 ranked 76th in NSW when comparing growth in median property values or capital gain over the last 12 months. Northbridge is one of 3163 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 Northbridge has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Northbridge itself are offering an average vendor discount of -10.00% to real estate investors.

At number 2144 in a list of fastest selling suburbs, Northbridge is just in the bottom half of suburbs in Australia with an average of days on market 88.52 for properties listed there.

Advertised rents are around the $1280 mark per week – giving a return of 2.18% based on the median price in Suburb

Property value increases in Northbridge have tracked higher than the NSW average of 5.59% over the last 12 months.

While Northbridge,2063 ranked number 64th in NSW for increase in median house value (annualised) increase, it is ranked 42th over the last 5 years.

Property investors should expect to get $650 weekly from the median priced house in this suburb.

HOUSE UNIT
$3,050,000 $1,145,000
9.91% 6.76%
23.61% 28.44%
9.28% 9.21%
$1,280 $650
75 21
2.18% 2.95%
88.52 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Northbridge NSW
Demographics
Total population 5931
Median household income ($/weekly) 2628
Median age of persons 40
Median housing loan repayment ($/monthly) 3250
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1017 17.1
    25-34 years 454 7.7
    35-44 years 865 14.6
    45-54 years 909 15.3
    55-64 years 794 13.4
    Others 1893 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 2574 61.1
    Not Married 1432 34.0
    Defacto Relationship 206 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4149 72.5
    India 111 1.9
    Papua New Guinea 127 2.2
    United Kingdom 344 6.0
    Other 243 4.2
    Others 746 13.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 138 2.5
    Christianity 3895 70.1
    Hinduism 21 0.4
    Judaism 81 1.5
    No Religion 1396 25.1
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 162 9.3
    $2,500-$2,999 324 18.5
    $3,000-$3,499 159 9.1
    $3,500 -$3,999 127 7.3
    $4,000 or more 343 19.6
    Others 632 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1748 40.1
    Not in the labour force 1418 32.6
    Employed, worked part-time 943 21.7
    Employed, away from work 147 3.4
    Unemployed, looking for work 98 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 584 20.6
    Professionals 1189 41.9
    Community & personal service workers 186 6.5
    Clerical & administrative workers 389 13.7
    Sales 207 7.3
    Others 286 10.1
    Occupation
    Census Count Percent(%)
    Pre-school 170 9.4
    Infants/Primary 699 38.7
    Secondary 477 26.4
    Technical or Further Educational Institution 71 3.9
    University or other Tertiary Institutions 353 19.6
    Others 35 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4765 84.1
    Flat, unit or apartment 584 10.3
    Semi-detached, row or terrace house, townhouse 293 5.2
    House or flat attached to a shop, office 21 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 939 48.1
    Being purchased 595 30.5
    Rented 405 20.7
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals