Suburb Profile Report for North Rocks NSW (2151)

North Rocks House: Median price $1,175,000, Annual capital growth 8.46%, Number of sales 84, Weekly median advertised rent $600

North Rocks Unit: Median price $805,000, Annual capital growth 6.44%, Number of sales 39, Weekly median advertised rent $510

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -0.42% for the last 12 months, North Rocks, 2151 has performed for property investments than its average annual 8.46% property growth over the last 5 years.

North Rocks,2151 was ranked 738 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -9.43% to buyers in North Rocks at the moment, which is less than average for the rest of NSW.

At number 758 in a list of fastest selling suburbs, North Rocks is in the TOP 20% of suburbs in Australia with an average of days on market 56.11 for properties listed there.

Advertised rents are around the $600 mark per week – giving a return of 2.66% based on the median price in Suburb

Investment property in North Rocks has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.15%

Across a shorter period, North Rocks, 2151 has seen a median price increase of 3.94% over the last quarter.

Our latest figures would indicate that property sellers in North Rocks are currently offering property investors an average price cut of -4.71% below the asking price at the moment.

A $510 per week rent on the median house gives suburb investors a gross yield of circa 3.29%, without taking into account capital value appreciation, which has been averaging out at 6.44%.

Metrics i HOUSE UNIT
$1,175,000 $805,000
4.56% 3.94%
-0.42% 20.15%
8.46% 6.44%
$600 $510
84 39
2.66% 3.29%
56.11 40.9

Source: CoreLogic

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