Suburb Profile Report for Girraween NSW (2145)

Girraween House: Median price $870,000, Annual capital growth 8.51%, Number of sales 50, Weekly median advertised rent $480

Girraween Unit: Median price $679,995, Annual capital growth 7.79%, Number of sales 56, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 8.75% for the last year, Girraween, 2145 is the 1278th highest performer in Australia in this respect.

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

Vendor discounting in Girraween is giving property investors an average Vendor Discount of around -6.18%. This puts suburb at number 385th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 8.51%, investors should hope to achieve an overall return of 2.87%

Girraween has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 16.54% to date .

Taking the average capital gain, or increase in median house value, Girraween,2145 has racked up an average of 16.54% over the period. This ranks it number 140th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Girraween should be aiming for at least -3.72% off the asking price, which is the average vendor discount being achieved at the moment.

At number 774 in a list of fastest selling suburbs, Girraween is just in the bottom half of suburbs in Australia with an average of days on market 79.59 for properties listed there.

Situated 13.51km from the CBD, Girraween is one of Holroyd localities in the postcode 2145.

HOUSE UNIT
$870,000 $679,995
2.47% 3.04%
8.75% 16.54%
8.51% 7.79%
$480 $450
50 56
2.87% 3.44%
58.8 79.59

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4691
Median household income ($/weekly) 1315
Median age of persons 35
Median housing loan repayment ($/monthly) 2150
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 686 14.6
    25-34 years 718 15.3
    35-44 years 756 16.1
    45-54 years 643 13.7
    55-64 years 442 9.4
    Others 1447 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 1984 57.5
    Not Married 1329 38.5
    Defacto Relationship 139 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2093 46.6
    Indonesia 743 16.6
    Netherlands 168 3.7
    Sri Lanka 463 10.3
    Other 275 6.1
    Others 745 16.6
    Country of Birth
    Census Count Percent(%)
    Christianity 2349 53.1
    Hinduism 1293 29.2
    Islam 211 4.8
    Other Religious Groups 120 2.7
    No Religion 361 8.2
    Others 92 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 150 10.5
    $1,250-$1,499 133 9.3
    $1,500-$1,999 204 14.2
    $2,000-$2,499 152 10.6
    $2,500-$2,999 131 9.1
    Others 663 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1431 41.1
    Not in the labour force 1289 37.1
    Employed, worked part-time 506 14.5
    Unemployed, looking for work 146 4.2
    Employed, away from work 106 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 184 9.0
    Professionals 474 23.3
    Technicians & trades workers 284 13.9
    Clerical & administrative workers 393 19.3
    Sales 174 8.5
    Others 528 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 85 7.1
    Infants/Primary 440 36.9
    Secondary 304 25.5
    Technical or Further Educational Institution 128 10.7
    University or other Tertiary Institutions 195 16.3
    Others 41 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2667 58.8
    Semi-detached, row or terrace house, townhouse 1519 33.5
    Flat, unit or apartment 350 7.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 582 37.7
    Fully owned 504 32.6
    Rented 450 29.1
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals