Suburb Profile Report for Cherrybrook NSW (2126)

Cherrybrook House: Median price $1,451,160, Annual capital growth 9.20%, Number of sales 198, Weekly median advertised rent $760

Cherrybrook Unit: Median price $960,000, Annual capital growth 8.36%, Number of sales 45, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Cherrybrook has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.97% to date .

Across a shorter period, Cherrybrook, 2126 has seen a median price increase of 1.84% over the last quarter.

Cherrybrook, 2126 is offering NSW ‘s 1068th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

With the median price for a house in Cherrybrook being $1451160 and the advertised rent reaching $760 the gross rental yield for property investors calculates out to be 2.72%

Investment property in Cherrybrook has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.13%

Taking the average capital gain, or increase in median house value, Cherrybrook,2126 has racked up an average of 2.13% over the period. This ranks it number 141th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cherrybrook, 2126. Typically our figures indicate that -2.35% is being offered, which puts this NSW suburb at 1378th most discounted overall in Australia.

With the median price for a house in Cherrybrook being $960000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.52%

Metrics i HOUSE UNIT
$1,451,160 $960,000
1.84% 0.79%
4.97% 2.13%
9.20% 8.36%
$760 $650
198 45
2.72% 3.52%
42.62 54.62

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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