Suburb Profile Report for North Rocks NSW (2151)

North Rocks House: Median price $1,263,500, Annual capital growth 9.09%, Number of sales 76, Weekly median advertised rent $600

North Rocks Unit: Median price $840,000, Annual capital growth 6.98%, Number of sales 40, Weekly median advertised rent $515

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

Source: CoreLogic

  • House Report
  • Unit Report

North Rocks has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.11% to date .

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

North Rocks, 2151 is offering NSW ‘s 823th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.47%, without taking into account capital value appreciation, which has been averaging out at 9.09%.

Over the last year, property investments in North Rocks, 2151 have given investors a capital gain of 12.75%. This compares favourably with the 7.74% for NSW as a whole.

While North Rocks,2151 ranked number 147th in NSW for increase in median house value (annualised) increase, it is ranked 158th over the last 5 years.

Using the current median advertised rental of $515 and the average annual increase in value of a median property of 6.98%, investors should hope to achieve an overall return of 3.19%

Metrics i HOUSE UNIT
$1,263,500 $840,000
5.29% 4.35%
12.11% 12.75%
9.09% 6.98%
$600 $515
76 40
2.47% 3.19%
58.25 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 7625
Median household income ($/weekly) 1891
Median age of persons 40
Median housing loan repayment ($/monthly) 2500
Average household size 3
  • Census Count Percent(%)
    5-14 years 1005 13.2
    35-44 years 1125 14.8
    45-54 years 1103 14.5
    55-64 years 1022 13.4
    65-74 years 806 10.6
    Others 2564 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 3588 62.5
    Not Married 1912 33.3
    Defacto Relationship 237 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5007 67.6
    Croatia 416 5.6
    Lebanon 155 2.1
    United Kingdom 280 3.8
    Other 343 4.6
    Others 1209 16.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 291 4.0
    Christianity 5193 71.2
    Hinduism 207 2.8
    Islam 109 1.5
    No Religion 1425 19.5
    Others 68 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 190 8.4
    $1,500-$1,999 302 13.4
    $2,000-$2,499 269 11.9
    $2,500-$2,999 319 14.1
    $3,000-$3,499 201 8.9
    Others 977 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2410 40.3
    Not in the labour force 2047 34.2
    Employed, worked part-time 1171 19.6
    Employed, away from work 197 3.3
    Unemployed, looking for work 156 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 570 15.1
    Professionals 1181 31.3
    Technicians & trades workers 444 11.8
    Clerical & administrative workers 618 16.4
    Sales 355 9.4
    Others 608 16.1
    Occupation
    Census Count Percent(%)
    Pre-school 168 8.6
    Infants/Primary 656 33.5
    Secondary 575 29.4
    Technical or Further Educational Institution 144 7.4
    University or other Tertiary Institutions 380 19.4
    Others 35 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6796 93.2
    Semi-detached, row or terrace house, townhouse 469 6.4
    Flat, unit or apartment 23 0.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1134 46.0
    Being purchased 1045 42.4
    Rented 275 11.2
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals