Suburb Profile Report for Willoughby NSW (2068)

Willoughby House: Median price $1,985,000, Annual capital growth 7.82%, Number of sales 68, Weekly median advertised rent $995

Willoughby Unit: Median price $785,000, Annual capital growth 6.47%, Number of sales 47, Weekly median advertised rent $540

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Willoughby have tracked just higher than the NSW average of 7.15% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Willoughby comes in at number 501th in NSW.

Sellers are offering property buyers an average discount of -0.71% to buyers in Willoughby at the moment, which is less than average for the rest of NSW.

Advertised rents are around the $995 mark per week – giving a return of 2.61% based on the median price in Suburb

Property value increases in Willoughby have tracked just higher than the NSW average of 6.59% over the last 12 months.

Across a shorter period, Willoughby, 2068 has seen a median price increase of 0.71% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Willoughby is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in NSW

Residents and property investors in Willoughby have been waiting around 34.32 days to sell a property.

A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.58%, without taking into account capital value appreciation, which has been averaging out at 6.47%.

HOUSE UNIT
$1,985,000 $785,000
2.72% 0.71%
13.43% 9.91%
7.82% 6.47%
$995 $540
68 47
2.61% 3.58%
84.47 34.32

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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Recent sales & rentals