Suburb Profile Report for Regents Park NSW (2143)

Regents Park House: Median price $900,000, Annual capital growth 9.06%, Number of sales 46, Weekly median advertised rent $450

Regents Park Unit: Median price $472,500, Annual capital growth 6.21%, Number of sales 25, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Regents Park has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.09% to date .

A 78.04% growth in median value for property investors in Regents Park,2143 puts this suburb at number 535th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Regents Park should be aiming for at least -5.74% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 46 properties changed hands in Regents Park, which puts it as the 711th most active market in NSW when comparing the number of sales per suburb.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 9.06%.

NSW has seen average median house prices change by 8.63% which means that Regents Park, 2143 has done well for property investors by showing a capital gain of 0.11% over the last year

Over the longer term, Regents Park has seen property prices show investors a 29.45% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Regents Park should be aiming for at least -3.59% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.21%, investors should hope to achieve an overall return of 4.40%

Metrics i HOUSE UNIT
$900,000 $472,500
2.97% 2.72%
9.09% 0.11%
9.06% 6.21%
$450 $400
46 25
2.60% 4.40%
106.2 39.88

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4510
Median household income ($/weekly) 974
Median age of persons 34
Median housing loan repayment ($/monthly) 1732
Average household size 3
  • Census Count Percent(%)
    5-14 years 604 13.4
    25-34 years 657 14.6
    35-44 years 599 13.3
    45-54 years 655 14.5
    55-64 years 486 10.8
    Others 1510 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 1627 49.8
    Not Married 1531 46.9
    Defacto Relationship 106 3.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1942 47.0
    Croatia 320 7.7
    Malaysia 138 3.3
    Viet Nam 405 9.8
    Other 510 12.3
    Others 819 19.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 568 14.0
    Christianity 2010 49.6
    Hinduism 111 2.7
    Islam 807 19.9
    No Religion 505 12.5
    Others 55 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 147 11.7
    $600-$799 146 11.7
    $1,000-$1,249 121 9.7
    $1,500-$1,999 142 11.3
    $2,000-$2,499 121 9.7
    Others 576 46.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1442 44.2
    Employed, worked full-time 1097 33.6
    Employed, worked part-time 428 13.1
    Unemployed, looking for work 172 5.3
    Employed, away from work 125 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 275 16.7
    Technicians & trades workers 249 15.1
    Clerical & administrative workers 269 16.3
    Machinery operators & drivers 165 10.0
    Labourers 224 13.6
    Others 466 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 60 5.4
    Infants/Primary 342 30.6
    Secondary 315 28.2
    Technical or Further Educational Institution 147 13.1
    University or other Tertiary Institutions 209 18.7
    Others 46 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2617 62.0
    Flat, unit or apartment 896 21.2
    Semi-detached, row or terrace house, townhouse 684 16.2
    House or flat attached to a shop, office 22 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 555 40.5
    Being purchased 419 30.6
    Fully owned 387 28.2
    Other tenure type 10 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals