Suburb Profile Report for Summer Hill NSW (2130)

Summer Hill House: Median price $1,697,500, Annual capital growth 9.19%, Number of sales 37, Weekly median advertised rent $728

Summer Hill Unit: Median price $759,000, Annual capital growth 8.75%, Number of sales 75, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Summer Hill have tracked just higher than the NSW average of 10.13% over the last 12 months.

If we look at median property appreciation over just the last three months, Summer Hill has given property investors a paper return of 12.98%. This puts Suburb as 58 on a list of fastest fasting appreciating suburbs in NSW

A $727.5 per week rent on the median house gives suburb investors a gross yield of circa 2.23%, without taking into account capital value appreciation, which has been averaging out at 9.19%.

Summer Hill is an average performer in NSW when comparing median price capital growth over the last year. Summer Hill gave property investors a good capital gain figure when compared to the rest of the state, with 10.80%.

While Summer Hill,2130 ranked number 199th in NSW for increase in median house value (annualised) increase, it is ranked 319th over the last 5 years.

Sellers are offering property buyers an average discount of -3.49% to buyers in Summer Hill at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Summer Hill the average time real estate has been on the market is 60 days.

Property investors should expect to get $480 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,697,500 $759,000
12.98% 3.27%
15.08% 10.80%
9.19% 8.75%
$728 $480
37 75
2.23% 3.29%
N/A 60

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Summer Hill NSW
Demographics
Total population 6586
Median household income ($/weekly) 1570
Median age of persons 35
Median housing loan repayment ($/monthly) 2100
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 514 7.8
    25-34 years 1529 23.2
    35-44 years 1214 18.4
    45-54 years 897 13.6
    55-64 years 639 9.7
    Others 1793 27.2
    Age Group
    Census Count Percent(%)
    Not Married 2306 47.0
    Registered Married 1868 38.1
    Defacto Relationship 729 14.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3838 62.2
    Croatia 372 6.0
    Papua New Guinea 164 2.7
    United Kingdom 298 4.8
    Other 487 7.9
    Others 1015 16.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 255 4.3
    Christianity 3025 51.2
    Hinduism 208 3.5
    Islam 92 1.6
    No Religion 2239 37.9
    Others 85 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 222 9.0
    $1,250-$1,499 215 8.7
    $1,500-$1,999 340 13.7
    $2,000-$2,499 240 9.7
    $2,500-$2,999 290 11.7
    Others 1167 47.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2532 47.9
    Not in the labour force 1326 25.1
    Employed, worked part-time 1036 19.6
    Unemployed, looking for work 201 3.8
    Employed, away from work 191 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 496 13.2
    Professionals 1473 39.2
    Technicians & trades workers 331 8.8
    Community & personal service workers 309 8.2
    Clerical & administrative workers 558 14.8
    Others 591 15.7
    Occupation
    Census Count Percent(%)
    Pre-school 104 7.0
    Infants/Primary 347 23.4
    Secondary 251 16.9
    Technical or Further Educational Institution 169 11.4
    University or other Tertiary Institutions 541 36.5
    Others 71 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2862 48.8
    Separate house 1820 31.1
    Semi-detached, row or terrace house, townhouse 1103 18.8
    House or flat attached to a shop, office 76 1.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1306 49.3
    Being purchased 780 29.4
    Fully owned 555 21.0
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals