Suburb Profile Report for Wattle Grove NSW (2173)

Wattle Grove House: Median price $795,000, Annual capital growth 7.57%, Number of sales 106, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Wattle Grove, 2173 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 8.90%

A 69.15% growth in median value for property investors in Wattle Grove,2173 puts this suburb at number 512th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Wattle Grove should be aiming for at least -3.61% off the asking price, which is the average vendor discount being achieved at the moment.

At number 178 in a list of fastest selling suburbs, Wattle Grove is in the TOP 10% of suburbs in Australia with an average of days on market 39.48 for properties listed there.

With the median price for a house in Wattle Grove being $795000 and the advertised rent reaching $520 the gross rental yield for property investors calculates out to be 3.40%

HOUSE UNIT
$795,000 N/A
3.25% N/A
8.90% N/A
7.57% N/A
$520 N/A
106 N/A
3.40% N/A
39.48 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 8192
Median household income ($/weekly) 1938
Median age of persons 31
Median housing loan repayment ($/monthly) 2200
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 714 8.7
    5-14 years 1440 17.6
    25-34 years 1295 15.8
    35-44 years 1435 17.5
    45-54 years 1168 14.3
    Others 2140 26.1
    Age Group
    Census Count Percent(%)
    Registered Married 3471 60.2
    Not Married 1846 32.0
    Defacto Relationship 444 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5619 70.4
    Indonesia 399 5.0
    Philippines 217 2.7
    United Kingdom 216 2.7
    Other 394 4.9
    Others 1132 14.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 178 2.3
    Christianity 5835 74.5
    Hinduism 483 6.2
    Islam 287 3.7
    No Religion 977 12.5
    Others 73 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 200 8.8
    $1,500-$1,999 423 18.6
    $2,000-$2,499 373 16.4
    $2,500-$2,999 333 14.6
    $3,000-$3,499 202 8.9
    Others 745 32.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2993 50.8
    Not in the labour force 1400 23.8
    Employed, worked part-time 1028 17.5
    Employed, away from work 288 4.9
    Unemployed, looking for work 178 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 524 12.2
    Professionals 883 20.5
    Technicians & trades workers 567 13.2
    Community & personal service workers 584 13.5
    Clerical & administrative workers 846 19.6
    Others 906 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 179 7.2
    Infants/Primary 935 37.5
    Secondary 770 30.9
    Technical or Further Educational Institution 185 7.4
    University or other Tertiary Institutions 374 15.0
    Others 51 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7799 98.1
    Semi-detached, row or terrace house, townhouse 153 1.9
    Flat, unit or apartment 0 0.0
    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 1199 47.6
    Rented 777 30.8
    Fully owned 535 21.2
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals