Suburb Profile Report for Auburn NSW (2144)

Auburn House: Median price $870,000, Annual capital growth 8.65%, Number of sales 157, Weekly median advertised rent $500

Auburn Unit: Median price $509,475, Annual capital growth 6.64%, Number of sales 271, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of -3.00% for the last 12 months, Auburn, 2144 has performed for property investments than its average annual 8.65% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Auburn has given property investors a paper return of -1.96%. This puts Suburb as 1187 on a list of fastest fasting appreciating suburbs in NSW

Auburn2144 is located in NSW which offers an average discount of -5.49% to property investors. Auburn itself is showing figures that indicate -8.45% is the average achievable by property buyers investing in the suburb.

At number 2923 in a list of fastest selling suburbs, Auburn is in the bottom 30% of suburbs in Australia with an average of days on market 109.61 for properties listed there.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 2.99%, without taking into account capital value appreciation, which has been averaging out at 8.65%.

If you compare the increase in value of investment property in Auburn, 2144 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -10.46%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Auburn has increased when compared to the 5 year average annual rate.

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 Auburn, 2144. Typically our figures indicate that -6.16% is being offered, which puts this NSW suburb at 438th most discounted overall in Australia.

At number 849 in a list of fastest selling suburbs, Auburn is just in the bottom half of suburbs in Australia with an average of days on market 83.97 for properties listed there.

Auburn, 2144’s gross rental yield is 4.49%

YIP MAG Information supplied by:

YIP MAG
June 2016

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After a stretch of outstanding growth there are signs that owners may be looking to leave the market in Auburn.Full summary

After a stretch of outstanding growth there are signs that owners may be looking to leave the market in Auburn.

According to the latest figures from Real Estate Investar, the level of stock on market has increased 45% in the past 12 months, with the increase being spread across both houses and units.

Those who are selling are likely to make a decent profit, with the median house price currently at $900,000 after growing 86% in the last five years.

Unit prices have also been performing well, with a median price of $520,000, after 60% growth over the last five years. 

While there is a definite increase in the number of vendors in Auburn, it’s unlikely they’ll see a quick sale.

Houses in the Western Sydney suburb are currently taking 75 days to sell, while units are spending 56 days on the market.

Close
HOUSE UNIT
$870,000 $509,475
-1.96% -2.96%
-3.00% -10.46%
8.65% 6.64%
$500 $440
157 271
2.99% 4.49%
109.61 83.97

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 33122
Median household income ($/weekly) 968
Median age of persons 29
Median housing loan repayment ($/monthly) 1800
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 4376 13.2
    20-24 years 3495 10.6
    25-34 years 6748 20.4
    35-44 years 4238 12.8
    45-54 years 3855 11.6
    Others 10410 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 12154 51.4
    Not Married 10997 46.5
    Defacto Relationship 511 2.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 10553 34.8
    Croatia 4409 14.6
    Indonesia 1653 5.5
    Turkey 2050 6.8
    Other 5477 18.1
    Others 6160 20.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 2369 7.9
    Christianity 7608 25.3
    Hinduism 1734 5.8
    Islam 13922 46.3
    No Religion 4067 13.5
    Others 399 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 1021 12.5
    $600-$799 1051 12.9
    $800-$999 838 10.3
    $1,000-$1,249 882 10.8
    $1,500-$1,999 955 11.7
    Others 3427 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 11122 47.0
    Employed, worked full-time 6623 28.0
    Employed, worked part-time 3658 15.4
    Unemployed, looking for work 1348 5.7
    Employed, away from work 936 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1698 15.1
    Technicians & trades workers 1831 16.3
    Clerical & administrative workers 1405 12.5
    Machinery operators & drivers 1206 10.8
    Labourers 1792 16.0
    Others 3282 29.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 2409 26.7
    Secondary 2296 25.5
    Technical or Further Educational Institution 1218 13.5
    University or other Tertiary Institutions 1941 21.5
    Other type of educational institution 738 8.2
    Others 418 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 16363 53.1
    Flat, unit or apartment 11523 37.4
    Semi-detached, row or terrace house, townhouse 2813 9.1
    House or flat attached to a shop, office 96 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3853 43.0
    Being purchased 2708 30.2
    Fully owned 2328 26.0
    Other tenure type 66 0.7
    Tenure Type
Census 2011, ABS
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