Suburb Profile Report for Kellyville Ridge NSW (2155)

Kellyville Ridge House: Median price $950,000, Annual capital growth 7.14%, Number of sales 142, Weekly median advertised rent $650

Kellyville Ridge Unit: Median price $605,000, Annual capital growth 6.52%, Number of sales 36, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Kellyville Ridge is in the bottom 40% in NSW when comparing median price capital growth over the last year. Kellyville Ridge gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.15%.

When looking at the potential capital gains offered to property investors over the last 3 years, Kellyville Ridge comes in at number 502th in NSW.

Property investors looking for a bargain in Kellyville Ridge should be aiming for at least -5.40% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 142 properties changed hands in Kellyville Ridge, which puts it as the 134th most active market in NSW when comparing the number of sales per suburb.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.56%, without taking into account capital value appreciation, which has been averaging out at 7.14%.

At number 556th in the list of Australian suburbs ordered by increase in median house value over the last year, Kellyville Ridge, 2155 is in the top 40% with a property value increase of 7.08% recorded in median house prices.

LACK OF BUYER INTEREST may well be the reason that Kellyville Ridge is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 70th in terms of most discounted suburbs in NSW

In the last year 36 properties changed hands in Kellyville Ridge, which puts it as the 321th most active market in NSW when comparing the number of sales per suburb.

Situated 32.04km from the CBD, Kellyville Ridge is one of Blacktown localities in the postcode 2155.

HOUSE UNIT
$950,000 $605,000
0.00% N/A
3.15% 7.08%
7.14% 6.52%
$650 $480
142 36
3.56% 4.13%
65.63 48.53

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Kellyville Ridge NSW
Demographics
Total population 8344
Median household income ($/weekly) 2327
Median age of persons 30
Median housing loan repayment ($/monthly) 2900
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 1002 12.0
    5-14 years 1491 17.9
    25-34 years 1654 19.8
    35-44 years 1807 21.7
    45-54 years 793 9.5
    Others 1597 19.1
    Age Group
    Census Count Percent(%)
    Registered Married 3732 66.3
    Not Married 1542 27.4
    Defacto Relationship 352 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5094 62.5
    Indonesia 558 6.8
    Philippines 363 4.5
    United Kingdom 269 3.3
    Other 589 7.2
    Others 1278 15.7
    Country of Birth
    Census Count Percent(%)
    Christianity 5419 67.6
    Hinduism 589 7.3
    Islam 466 5.8
    Other Religious Groups 395 4.9
    No Religion 952 11.9
    Others 193 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 323 14.4
    $2,000-$2,499 333 14.9
    $2,500-$2,999 397 17.7
    $3,000-$3,499 302 13.5
    $4,000 or more 175 7.8
    Others 707 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3252 56.7
    Not in the labour force 1100 19.2
    Employed, worked part-time 971 16.9
    Employed, away from work 218 3.8
    Unemployed, looking for work 191 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 729 16.4
    Professionals 1177 26.5
    Technicians & trades workers 508 11.4
    Clerical & administrative workers 799 18.0
    Sales 428 9.6
    Others 797 18.0
    Occupation
    Census Count Percent(%)
    Pre-school 303 11.9
    Infants/Primary 1073 42.3
    Secondary 553 21.8
    Technical or Further Educational Institution 187 7.4
    University or other Tertiary Institutions 360 14.2
    Others 63 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7241 88.6
    Semi-detached, row or terrace house, townhouse 507 6.2
    Flat, unit or apartment 422 5.2
    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 1747 72.1
    Rented 457 18.9
    Fully owned 212 8.8
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals