Suburb Profile Report for Silverwater NSW (2128)

Silverwater House: Median price $980,000, Annual capital growth 10.31%, Number of sales 10, Weekly median advertised rent $455

Silverwater Unit: Median price $620,000, Annual capital growth 5.32%, Number of sales 41, Weekly median advertised rent $465

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Silverwater has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.89%

Silverwater is 1057th on a list of best yielding suburbs for rents in NSW with a 2.41% return

Property investors who have had real estate in Silverwater, 2128 should be relatively unhappy 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 0.32%

Comparing Silverwater,2128 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Silverwater, 2128 is offering NSW ‘s 104th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

Using the current median advertised rental of $465 and the average annual increase in value of a median property of 5.32%, investors should hope to achieve an overall return of 3.90%

Metrics i HOUSE UNIT
$980,000 $620,000
N/A 1.64%
8.89% 0.32%
10.31% 5.32%
$455 $465
10 41
2.41% 3.90%
N/A 65.09

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 3161
Median household income ($/weekly) 1289
Median age of persons 32
Median housing loan repayment ($/monthly) 2119
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 242 7.7
    20-24 years 298 9.4
    25-34 years 908 28.7
    35-44 years 664 21.0
    45-54 years 407 12.9
    Others 643 20.3
    Age Group
    Census Count Percent(%)
    Registered Married 632 48.1
    Not Married 569 43.3
    Defacto Relationship 112 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1691 55.0
    Lebanon 185 6.0
    Malaysia 111 3.6
    Viet Nam 95 3.1
    Other 352 11.4
    Others 641 20.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 64 3.7
    Christianity 951 55.7
    Hinduism 45 2.6
    Islam 414 24.3
    No Religion 208 12.2
    Others 25 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 59 10.8
    $600-$799 57 10.4
    $1,000-$1,249 63 11.5
    $1,500-$1,999 65 11.9
    $2,000-$2,499 63 11.5
    Others 241 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1793 67.0
    Employed, worked full-time 584 21.8
    Employed, worked part-time 188 7.0
    Employed, away from work 59 2.2
    Unemployed, looking for work 54 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 107 12.9
    Professionals 186 22.4
    Technicians & trades workers 111 13.4
    Clerical & administrative workers 140 16.9
    Sales 77 9.3
    Others 209 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 36 7.8
    Infants/Primary 141 30.7
    Secondary 115 25.0
    Technical or Further Educational Institution 58 12.6
    University or other Tertiary Institutions 90 19.6
    Others 20 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 839 48.6
    Flat, unit or apartment 789 45.7
    Semi-detached, row or terrace house, townhouse 95 5.5
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 268 45.2
    Being purchased 212 35.8
    Fully owned 109 18.4
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals