Suburb Profile Report for Telopea NSW (2117)

Telopea House: Median price $1,200,000, Annual capital growth 9.53%, Number of sales 53, Weekly median advertised rent $520

Telopea Unit: Median price $630,000, Annual capital growth 6.18%, Number of sales 51, Weekly median advertised rent $470

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 6.38% which means that Telopea, 2117 has done well for property investors by showing a capital gain of 8.60% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Telopea comes in at number 67th in NSW.

Property investors looking for a bargain in Telopea should be aiming for at least -6.76% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2241 in a list of fastest selling suburbs, Telopea is just in the bottom half of suburbs in Australia with an average of days on market 90.48 for properties listed there.

Telopea has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.00% to date .

Telopea,2117 was ranked 934 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Telopea itself are offering an average vendor discount of -5.51% to real estate investors.

Renters in Suburb are facing rents around $5640 per annum or $470 every week.

HOUSE UNIT
$1,200,000 $630,000
2.35% 0.00%
8.60% 0.00%
9.53% 6.18%
$520 $470
53 51
2.25% 3.88%
90.48 66.67

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 5176
Median household income ($/weekly) 1070
Median age of persons 38
Median housing loan repayment ($/monthly) 2119
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 538 10.4
    25-34 years 782 15.1
    35-44 years 755 14.6
    45-54 years 802 15.5
    55-64 years 596 11.5
    Others 1703 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1914 47.7
    Not Married 1897 47.3
    Defacto Relationship 198 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2662 55.0
    Croatia 581 12.0
    India 144 3.0
    Lebanon 280 5.8
    Other 311 6.4
    Others 858 17.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 294 6.2
    Christianity 2977 62.9
    Hinduism 99 2.1
    Islam 199 4.2
    No Religion 1097 23.2
    Others 67 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 214 11.4
    $400-$599 186 9.9
    $600-$799 163 8.7
    $1,500-$1,999 223 11.8
    $2,000-$2,499 150 8.0
    Others 946 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1616 39.8
    Employed, worked full-time 1562 38.5
    Employed, worked part-time 613 15.1
    Unemployed, looking for work 145 3.6
    Employed, away from work 122 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 276 12.0
    Professionals 628 27.3
    Technicians & trades workers 299 13.0
    Community & personal service workers 220 9.6
    Clerical & administrative workers 374 16.3
    Others 502 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 64 5.4
    Infants/Primary 318 26.7
    Secondary 344 28.9
    Technical or Further Educational Institution 146 12.3
    University or other Tertiary Institutions 271 22.8
    Others 47 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2459 50.9
    Semi-detached, row or terrace house, townhouse 1202 24.9
    Flat, unit or apartment 1140 23.6
    House or flat attached to a shop, office 26 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 879 43.2
    Being purchased 645 31.7
    Fully owned 495 24.3
    Other tenure type 15 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals