Suburb Profile Report for North Willoughby NSW (2068)

North Willoughby House: Median price $2,250,000, Annual capital growth 7.29%, Number of sales 46, Weekly median advertised rent $1,023

North Willoughby Unit: Median price $805,000, Annual capital growth 6.91%, Number of sales 26, Weekly median advertised rent $566

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 5.63% for the last 12 months, North Willoughby, 2068 has performed for property investments than its average annual 7.29% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, North Willoughby comes in at number 263th in NSW.

Vendor discounting in North Willoughby is giving property investors an average Vendor Discount of around -2.47%. This puts suburb at number 1177th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $1022.5 and the average annual increase in value of a median property of 7.29%, investors should hope to achieve an overall return of 2.36%

If you compare the increase in value of investment property in North Willoughby, 2068 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.21%.

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

North Willoughby, 2068 is offering NSW ‘s 466th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.

Using the current median advertised rental of $565.5 and the average annual increase in value of a median property of 6.91%, investors should hope to achieve an overall return of 3.65%

HOUSE UNIT
$2,250,000 $805,000
5.14% -1.11%
5.63% 3.21%
7.29% 6.91%
$1,023 $566
46 26
2.36% 3.65%
125.87 44.07

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3895
Median household income ($/weekly) 1742
Median age of persons 39
Median housing loan repayment ($/monthly) 2900
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 521 13.4
    25-34 years 471 12.1
    35-44 years 671 17.2
    45-54 years 554 14.2
    55-64 years 383 9.8
    Others 1296 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 1538 53.0
    Not Married 1177 40.6
    Defacto Relationship 185 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2324 61.9
    Croatia 150 4.0
    Papua New Guinea 95 2.5
    United Kingdom 204 5.4
    Other 246 6.6
    Others 736 19.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 131 3.6
    Christianity 2499 68.1
    Hinduism 30 0.8
    Islam 37 1.0
    No Religion 931 25.4
    Others 43 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 119 9.2
    $1,500-$1,999 136 10.5
    $2,000-$2,499 100 7.7
    $2,500-$2,999 185 14.2
    $4,000 or more 137 10.5
    Others 622 47.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1241 41.9
    Not in the labour force 1014 34.3
    Employed, worked part-time 530 17.9
    Employed, away from work 109 3.7
    Unemployed, looking for work 65 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 350 18.6
    Professionals 604 32.1
    Technicians & trades workers 158 8.4
    Clerical & administrative workers 308 16.4
    Sales 183 9.7
    Others 278 14.8
    Occupation
    Census Count Percent(%)
    Pre-school 84 8.7
    Infants/Primary 357 36.8
    Secondary 248 25.5
    Technical or Further Educational Institution 87 9.0
    University or other Tertiary Institutions 176 18.1
    Others 19 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2397 64.2
    Flat, unit or apartment 866 23.2
    Semi-detached, row or terrace house, townhouse 469 12.6
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 574 40.7
    Rented 418 29.6
    Being purchased 415 29.4
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals