Suburb Profile Report for Wattle Grove NSW (2173)

Wattle Grove House: Median price $800,000, Annual capital growth 7.61%, Number of sales 108, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Wattle Grove, 2173 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.84%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wattle Grove has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Wattle Grove is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 978th in terms of most discounted suburbs in NSW

In the last year 108 properties changed hands in Wattle Grove, which puts it as the 246th most active market in NSW when comparing the number of sales per suburb.

Wattle Grove is 722th on a list of best yielding suburbs for rents in NSW with a 3.38% return

Metrics i HOUSE UNIT
$800,000 N/A
1.27% N/A
8.84% N/A
7.61% N/A
$520 N/A
108 N/A
3.38% N/A
34.82 N/A

Source: CoreLogic

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