Suburb Profile Report for Cherrybrook NSW (2126)

Cherrybrook House: Median price $1,370,000, Annual capital growth 8.73%, Number of sales 200, Weekly median advertised rent $778

Cherrybrook Unit: Median price $942,500, Annual capital growth 8.00%, Number of sales 49, Weekly median advertised rent $633

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Cherrybrook, 2126 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.60%

The five-year average increase in median property values for Cherrybrook,2126 has given property investors a potential capital gain of 81.46% across each of those five years.

Sellers are offering property buyers an average discount of -4.68% to buyers in Cherrybrook at the moment, which is less than average for the rest of NSW.

In the last year 200 properties changed hands in Cherrybrook, which puts it as the 65th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $9330 per annum or $777.5 every week.

If you compare the increase in value of investment property in Cherrybrook, 2126 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.31%.

Comparing Cherrybrook,2126 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Cherrybrook are currently offering property investors an average price cut of -3.84% below the asking price at the moment.

In the last year 49 properties changed hands in Cherrybrook, which puts it as the 251th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$1,370,000 $942,500
0.00% 0.13%
9.60% 5.31%
8.73% 8.00%
$778 $633
200 49
2.95% 3.49%
48.42 62.03

Source: CoreLogic

DSR Score for property investment : Good (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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