Suburb Profile Report for Northmead NSW (2152)

Northmead House: Median price $1,015,000, Annual capital growth 8.72%, Number of sales 92, Weekly median advertised rent $520

Northmead Unit: Median price $610,000, Annual capital growth 5.87%, Number of sales 118, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

Northmead is in the bottom 40% in NSW when comparing median price capital growth over the last year. Northmead gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.37%.

If we look at median property appreciation over just the last three months, Northmead has given property investors a paper return of 6.62%. This puts Suburb as 190 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Northmead is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 875th in terms of most discounted suburbs in NSW

In the last year 92 properties changed hands in Northmead, which puts it as the 321th most active market in NSW when comparing the number of sales per suburb.

Northmead is 979th on a list of best yielding suburbs for rents in NSW with a 2.66% return

If you compare the increase in value of investment property in Northmead, 2152 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.39%.

Northmead,2152 was ranked 535 in Australia by increase in median property value over the quarter.

Northmead, 2152 is offering NSW ‘s 240th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Residents and property investors in Northmead have been waiting around 48.11 days to sell a property.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

Metrics i HOUSE UNIT
$1,015,000 $610,000
6.62% 2.13%
4.37% 3.39%
8.72% 5.87%
$520 $450
92 118
2.66% 3.84%
48.19 48.11

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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Recent sales & rentals