Suburb Profile Report for Summer Hill NSW (2130)

Summer Hill House: Median price $1,420,000, Annual capital growth 8.19%, Number of sales 46, Weekly median advertised rent $733

Summer Hill Unit: Median price $717,750, Annual capital growth 8.62%, Number of sales 85, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Summer Hill, 2130 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -6.79%.

A 45.27% growth in median value for property investors in Summer Hill,2130 puts this suburb at number 1134th in terms of best performing suburbs in NSW

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 Summer Hill, 2130. Typically our figures indicate that -4.60% is being offered, which puts this NSW suburb at 2861th most discounted overall in Australia.

Summer Hill is 996th on a list of best yielding suburbs for rents in NSW with a 2.68% return

At number 868th in the list of Australian suburbs ordered by increase in median house value over the last year, Summer Hill, 2130 is in the top half with a property value increase of 2.54% recorded in median house prices.

Summer Hill,2130 has offered an average of 2.54% return per annum in house price rises to property investors over the last three years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Summer Hill itself are offering an average vendor discount of -3.52% to real estate investors.

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

Metrics i HOUSE UNIT
$1,420,000 $717,750
-0.44% 4.02%
-6.79% 2.54%
8.19% 8.62%
$733 $480
46 85
2.68% 3.48%
64.9 49.12

Source: CoreLogic

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