Suburb Profile Report for Willoughby NSW (2068)

Willoughby House: Median price $2,123,000, Annual capital growth 8.85%, Number of sales 84, Weekly median advertised rent $995

Willoughby Unit: Median price $860,000, Annual capital growth 7.60%, Number of sales 40, Weekly median advertised rent $548

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

Source: CoreLogic

  • House Report
  • Unit Report

Willoughby has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.93% to date .

The five-year average increase in median property values for Willoughby,2068 has given property investors a potential capital gain of 76.92% across each of those five years.

Vendor discounting in Willoughby is giving property investors an average Vendor Discount of around -0.59%. This puts suburb at number 1231th in NSW when ranking the most discounted suburbs.

In the last year 84 properties changed hands in Willoughby, which puts it as the 367th most active market in NSW when comparing the number of sales per suburb.

Willoughby is 1054th on a list of best yielding suburbs for rents in NSW with a 2.44% return

If you compare the increase in value of investment property in Willoughby, 2068 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.69%.

A 57.08% growth in median value for property investors in Willoughby,2068 puts this suburb at number 91th in terms of best performing suburbs in NSW

At number 275th of NSW’s most discounted properties, Willoughby is in the middle of the state/territory when listing in order of most discounted to least.

Residents and property investors in Willoughby have been waiting around 25.25 days to sell a property.

A $547.5 per week rent on the median house gives suburb investors a gross yield of circa 3.31%, without taking into account capital value appreciation, which has been averaging out at 7.60%.

Metrics i HOUSE UNIT
$2,123,000 $860,000
2.81% 5.85%
12.93% 9.69%
8.85% 7.60%
$995 $548
84 40
2.44% 3.31%
45.76 25.25

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 5920
Median household income ($/weekly) 2124
Median age of persons 38
Median housing loan repayment ($/monthly) 3000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 779 13.2
    25-34 years 753 12.7
    35-44 years 1118 18.9
    45-54 years 812 13.7
    55-64 years 599 10.1
    Others 1860 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 2238 53.8
    Not Married 1582 38.0
    Defacto Relationship 339 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3761 66.4
    Croatia 142 2.5
    Papua New Guinea 164 2.9
    United Kingdom 330 5.8
    Other 333 5.9
    Others 932 16.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 168 3.1
    Christianity 3742 68.6
    Islam 78 1.4
    Judaism 67 1.2
    No Religion 1320 24.2
    Others 83 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 206 11.0
    $2,000-$2,499 138 7.3
    $2,500-$2,999 313 16.6
    $3,000-$3,499 155 8.2
    $4,000 or more 250 13.3
    Others 819 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2010 45.7
    Not in the labour force 1308 29.7
    Employed, worked part-time 807 18.3
    Employed, away from work 141 3.2
    Unemployed, looking for work 137 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 602 20.4
    Professionals 1071 36.3
    Technicians & trades workers 218 7.4
    Clerical & administrative workers 422 14.3
    Sales 240 8.1
    Others 401 13.6
    Occupation
    Census Count Percent(%)
    Pre-school 166 11.6
    Infants/Primary 548 38.2
    Secondary 320 22.3
    Technical or Further Educational Institution 93 6.5
    University or other Tertiary Institutions 269 18.7
    Others 39 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3853 70.2
    Flat, unit or apartment 1026 18.7
    Semi-detached, row or terrace house, townhouse 582 10.6
    House or flat attached to a shop, office 28 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 777 37.8
    Fully owned 702 34.1
    Rented 569 27.6
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
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