Suburb Profile Report for Willoughby NSW (2068)

Willoughby House: Median price $2,100,000, Annual capital growth 8.69%, Number of sales 80, Weekly median advertised rent $983

Willoughby Unit: Median price $840,500, Annual capital growth 7.60%, Number of sales 42, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 12.45% for the last year, Willoughby, 2068 is the 822th highest performer in Australia in this respect.

Across a shorter period, Willoughby, 2068 has seen a median price increase of 2.44% over the last quarter.

Vendor discounting in Willoughby is giving property investors an average Vendor Discount of around -0.68%. This puts suburb at number 1233th in NSW when ranking the most discounted suburbs.

The NSW suburb of Willoughby, 2068 is in the Willoughby local government area.

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 7.21%.

If we look at median property appreciation over just the last three months, Willoughby has given property investors a paper return of 3.77%. This puts Suburb as 132 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Willoughby should be aiming for at least -3.49% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Willoughby the average time real estate has been on the market is 26 days.

With the median price for a house in Willoughby being $840500 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.40%

Metrics i HOUSE UNIT
$2,100,000 $840,500
2.44% 3.77%
12.45% 7.21%
8.69% 7.60%
$983 $550
80 42
2.43% 3.40%
59.15 26

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Willoughby NSW
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
Chart Table
Recent sales & rentals