Suburb Profile Report for Artarmon NSW (2064)

Artarmon House: Median price $2,500,000, Annual capital growth 8.84%, Number of sales 44, Weekly median advertised rent $1,148

Artarmon Unit: Median price $837,540, Annual capital growth 6.57%, Number of sales 136, Weekly median advertised rent $590

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Artarmon has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 15.74% to date .

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

Property investors looking for a bargain in Artarmon should be aiming for at least -2.00% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1637 in a list of fastest selling suburbs, Artarmon is just in the top half of suburbs in Australia with an average of days on market 76.7 for properties listed there.

With a capital gain of 3.91% for the last 12 months, Artarmon, 2064 has performed for property investments than its average annual 6.57% property growth over the last 5 years.

Artarmon,2064 was ranked 374 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Artarmon, 2064. Typically our figures indicate that -4.04% is being offered, which puts this NSW suburb at 1079th most discounted overall in Australia.

Renters in Suburb are facing rents around $7080 per annum or $590 every week.

HOUSE UNIT
$2,500,000 $837,540
3.91% 3.40%
15.74% 3.91%
8.84% 6.57%
$1,148 $590
44 136
2.39% 3.66%
76.7 41.88

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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Demographics
Total population 8642
Median household income ($/weekly) 1910
Median age of persons 34
Median housing loan repayment ($/monthly) 2500
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 947 11.0
    25-34 years 1830 21.2
    35-44 years 1643 19.0
    45-54 years 1059 12.3
    55-64 years 812 9.4
    Others 2351 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 3224 48.6
    Not Married 2813 42.4
    Defacto Relationship 594 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4385 52.9
    Croatia 659 8.0
    Indonesia 306 3.7
    United Kingdom 384 4.6
    Other 731 8.8
    Others 1818 21.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 404 5.1
    Christianity 4146 52.1
    Hinduism 441 5.5
    Islam 197 2.5
    No Religion 2614 32.8
    Others 163 2.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 405 12.5
    $2,000-$2,499 243 7.5
    $2,500-$2,999 551 17.0
    $3,000-$3,499 265 8.2
    $4,000 or more 343 10.6
    Others 1438 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3367 49.5
    Not in the labour force 1830 26.9
    Employed, worked part-time 1170 17.2
    Unemployed, looking for work 229 3.4
    Employed, away from work 211 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 717 15.1
    Professionals 2049 43.1
    Technicians & trades workers 350 7.4
    Community & personal service workers 325 6.8
    Clerical & administrative workers 700 14.7
    Others 609 12.8
    Occupation
    Census Count Percent(%)
    Pre-school 149 6.9
    Infants/Primary 641 29.7
    Secondary 441 20.5
    Technical or Further Educational Institution 164 7.6
    University or other Tertiary Institutions 631 29.3
    Others 129 6.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5038 61.1
    Separate house 2526 30.6
    Semi-detached, row or terrace house, townhouse 676 8.2
    House or flat attached to a shop, office 12 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1646 47.3
    Being purchased 927 26.7
    Fully owned 874 25.1
    Other tenure type 31 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals