Suburb Profile Report for Northmead NSW (2152)

Northmead House: Median price $950,000, Annual capital growth 8.13%, Number of sales 98, Weekly median advertised rent $513

Northmead Unit: Median price $616,000, Annual capital growth 6.10%, Number of sales 119, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Northmead, 2152 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.71%

Taking the average capital gain, or increase in median house value, Northmead,2152 has racked up an average of -4.71% over the period. This ranks it number 717th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Northmead itself are offering an average vendor discount of -5.11% to real estate investors.

Renters in Suburb are facing rents around $6150 per annum or $512.5 every week.

Property investors who have had real estate in Northmead, 2152 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.93%

Northmead,2152 has offered an average of 5.93% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Northmead is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 235th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 9.92 sales per month, which equates to 119 per year.

HOUSE UNIT
$950,000 $616,000
0.00% 5.84%
-4.71% 5.93%
8.13% 6.10%
$513 $460
98 119
2.81% 3.88%
49.06 46.46

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10223
Median household income ($/weekly) 1389
Median age of persons 37
Median housing loan repayment ($/monthly) 2300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1101 10.8
    25-34 years 1682 16.4
    35-44 years 1605 15.7
    45-54 years 1162 11.4
    55-64 years 1048 10.2
    Others 3627 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 4003 51.4
    Not Married 3165 40.6
    Defacto Relationship 627 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 6763 68.6
    Croatia 235 2.4
    Indonesia 263 2.7
    United Kingdom 345 3.5
    Other 708 7.2
    Others 1548 15.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 214 2.3
    Christianity 6804 71.7
    Hinduism 288 3.0
    Islam 497 5.2
    No Religion 1552 16.3
    Others 141 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 363 9.8
    $600-$799 317 8.5
    $1,500-$1,999 472 12.7
    $2,000-$2,499 382 10.3
    $2,500-$2,999 357 9.6
    Others 1826 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3457 43.6
    Not in the labour force 2660 33.6
    Employed, worked part-time 1330 16.8
    Employed, away from work 242 3.1
    Unemployed, looking for work 238 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 704 14.0
    Professionals 1437 28.6
    Technicians & trades workers 571 11.4
    Clerical & administrative workers 893 17.8
    Sales 436 8.7
    Others 987 19.6
    Occupation
    Census Count Percent(%)
    Pre-school 218 9.9
    Infants/Primary 738 33.5
    Secondary 483 21.9
    Technical or Further Educational Institution 230 10.4
    University or other Tertiary Institutions 444 20.2
    Others 88 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5965 61.1
    Flat, unit or apartment 2238 22.9
    Semi-detached, row or terrace house, townhouse 1550 15.9
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1356 34.5
    Rented 1251 31.8
    Fully owned 1183 30.1
    Other tenure type 145 3.7
    Tenure Type
Census 2011, ABS
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