Suburb Profile Report for Gordon NSW (2072)

Gordon House: Median price $1,960,000, Annual capital growth 5.17%, Number of sales 70, Weekly median advertised rent $945

Gordon Unit: Median price $1,010,000, Annual capital growth 6.31%, Number of sales 64, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Gordon has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.91%

A 44.65% growth in median value for property investors in Gordon,2072 puts this suburb at number 1173th in terms of best performing suburbs in NSW

Vendor discounting in Gordon is giving property investors an average Vendor Discount of around -8.02%. This puts suburb at number 140th in NSW when ranking the most discounted suburbs.

With the median price for a house in Gordon being $1960000 and the advertised rent reaching $945 the gross rental yield for property investors calculates out to be 2.51%

If you compare the increase in value of investment property in Gordon, 2072 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.22%.

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

Sellers are offering property buyers an average discount of -4.56% to buyers in Gordon at the moment, which is less than average for the rest of NSW.

With the median price for a house in Gordon being $1010000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.35%

HOUSE UNIT
$1,960,000 $1,010,000
-2.00% 9.66%
-10.91% 12.22%
5.17% 6.31%
$945 $650
70 64
2.51% 3.35%
80.88 64.45

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6591
Median household income ($/weekly) 2223
Median age of persons 41
Median housing loan repayment ($/monthly) 3000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 895 13.6
    25-34 years 587 8.9
    35-44 years 809 12.3
    45-54 years 1061 16.1
    55-64 years 806 12.2
    Others 2434 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 2875 59.2
    Not Married 1801 37.1
    Defacto Relationship 182 3.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3526 55.5
    Croatia 424 6.7
    Lebanon 290 4.6
    United Kingdom 421 6.6
    Other 459 7.2
    Others 1232 19.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 228 3.7
    Christianity 3824 62.6
    Hinduism 113 1.9
    Judaism 98 1.6
    No Religion 1707 28.0
    Others 135 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 206 10.5
    $2,000-$2,499 146 7.4
    $2,500-$2,999 315 16.0
    $3,000-$3,499 195 9.9
    $4,000 or more 279 14.2
    Others 828 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2014 38.8
    Employed, worked full-time 1827 35.2
    Employed, worked part-time 1028 19.8
    Unemployed, looking for work 189 3.6
    Employed, away from work 136 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 575 19.3
    Professionals 1264 42.3
    Community & personal service workers 220 7.4
    Clerical & administrative workers 388 13.0
    Sales 215 7.2
    Others 325 10.9
    Occupation
    Census Count Percent(%)
    Pre-school 116 5.9
    Infants/Primary 541 27.5
    Secondary 652 33.2
    Technical or Further Educational Institution 102 5.2
    University or other Tertiary Institutions 506 25.7
    Others 49 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4440 72.9
    Flat, unit or apartment 1269 20.8
    Semi-detached, row or terrace house, townhouse 375 6.2
    Caravan, cabin, houseboat 3 0.0
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 945 43.6
    Being purchased 713 32.9
    Rented 499 23.0
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals