Suburb Profile Report for Cherrybrook NSW (2126)

Cherrybrook House: Median price $1,450,000, Annual capital growth 9.27%, Number of sales 198, Weekly median advertised rent $760

Cherrybrook Unit: Median price $1,002,500, Annual capital growth 8.78%, Number of sales 47, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2267th in the list of Australian suburbs ordered by increase in median house value over the last year, Cherrybrook, 2126 is in the BOTTOM 50% with a property value increase of 4.09% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Cherrybrook comes in at number 216th in NSW.

At number 1020th of NSW’s most discounted properties, Cherrybrook is in the TOP 20% of the state/territory when listing in order of most discounted to least.

If you compare the increase in value of investment property in Cherrybrook, 2126 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 6.88%.

If we look at median property appreciation over just the last three months, Cherrybrook has given property investors a paper return of 5.53%. This puts Suburb as 97 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in Cherrybrook is giving property investors an average Vendor Discount of around -2.35%. This puts suburb at number 430th in NSW when ranking the most discounted suburbs.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.37%, without taking into account capital value appreciation, which has been averaging out at 8.78%.

Metrics i HOUSE UNIT
$1,450,000 $1,002,500
2.55% 5.53%
4.09% 6.88%
9.27% 8.78%
$760 $650
198 47
2.73% 3.37%
45.53 54.03

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 18779
Median household income ($/weekly) 2267
Median age of persons 40
Median housing loan repayment ($/monthly) 2600
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 2651 14.1
    15-19 years 1692 9.0
    35-44 years 2452 13.1
    45-54 years 3352 17.9
    55-64 years 2511 13.4
    Others 6119 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 8788 61.2
    Not Married 5267 36.7
    Defacto Relationship 299 2.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 10078 55.3
    Croatia 683 3.7
    Indonesia 887 4.9
    United Kingdom 923 5.1
    Other 1272 7.0
    Others 4378 24.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 896 5.0
    Christianity 11913 66.8
    Hinduism 1009 5.7
    Islam 447 2.5
    No Religion 3217 18.0
    Others 347 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 575 11.1
    $2,000-$2,499 483 9.3
    $2,500-$2,999 823 15.9
    $3,000-$3,499 572 11.1
    $4,000 or more 624 12.1
    Others 2091 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6187 41.5
    Not in the labour force 4714 31.6
    Employed, worked part-time 3055 20.5
    Unemployed, looking for work 509 3.4
    Employed, away from work 431 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 1645 17.0
    Professionals 3268 33.8
    Technicians & trades workers 821 8.5
    Clerical & administrative workers 1576 16.3
    Sales 887 9.2
    Others 1472 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 348 6.1
    Infants/Primary 1613 28.1
    Secondary 1922 33.5
    Technical or Further Educational Institution 358 6.2
    University or other Tertiary Institutions 1397 24.4
    Others 98 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15611 86.8
    Semi-detached, row or terrace house, townhouse 2164 12.0
    Flat, unit or apartment 206 1.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2660 46.6
    Fully owned 2322 40.6
    Rented 666 11.7
    Other tenure type 65 1.1
    Tenure Type
Census 2011, ABS
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