Suburb Profile Report for North Willoughby NSW (2068)

North Willoughby House: Median price $2,525,500, Annual capital growth 8.90%, Number of sales 46, Weekly median advertised rent $1,245

North Willoughby Unit: Median price $815,000, Annual capital growth 6.68%, Number of sales 30, Weekly median advertised rent $570

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in North Willoughby, 2068 have given investors a capital gain of 18.01%. This compares favourably with the 11.06% for NSW as a whole.

A 100.83% growth in median value for property investors in North Willoughby,2068 puts this suburb at number 150th in terms of best performing suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in North Willoughby itself are offering an average vendor discount of -3.91% to real estate investors.

A $1245 per week rent on the median house gives suburb investors a gross yield of circa 2.56%, without taking into account capital value appreciation, which has been averaging out at 8.90%.

Property investors who have had real estate in North Willoughby, 2068 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.12%

Over the longer term, North Willoughby has seen property prices show investors a 17.77% return over the last 3 years. This is worse than over the last 12 months

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

North Willoughby is 385th on a list of best yielding suburbs for rents in NSW with a 3.64% return

Metrics i HOUSE UNIT
$2,525,500 $815,000
7.58% -1.60%
18.01% 0.12%
8.90% 6.68%
$1,245 $570
46 30
2.56% 3.64%
77.4 N/A

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
Chart Table
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