Suburb Profile Report for Padstow Heights NSW (2211)

Padstow Heights House: Median price $983,500, Annual capital growth 7.76%, Number of sales 38, Weekly median advertised rent $530

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

Source: CoreLogic

  • House Report

At number 1382th in the list of Australian suburbs ordered by increase in median house value over the last year, Padstow Heights, 2211 is in the top 40% with a property value increase of 9.28% recorded in median house prices.

Across a shorter period, Padstow Heights, 2211 has seen a median price increase of 8.67% over the last quarter.

Sellers are offering property buyers an average discount of -4.29% to buyers in Padstow Heights at the moment, which is less than average for the rest of NSW.

In the last year 38 properties changed hands in Padstow Heights, which puts it as the 817th most active market in NSW when comparing the number of sales per suburb.

Padstow Heights is 925th on a list of best yielding suburbs for rents in NSW with a 2.80% return

Metrics i HOUSE UNIT
$983,500 N/A
8.67% N/A
9.28% N/A
7.76% N/A
$530 N/A
38 N/A
2.80% N/A
69.15 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3490
Median household income ($/weekly) 1415
Median age of persons 42
Median housing loan repayment ($/monthly) 2207
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 444 12.7
    35-44 years 458 13.1
    45-54 years 479 13.7
    55-64 years 346 9.9
    65-74 years 358 10.3
    Others 1405 40.3
    Age Group
    Census Count Percent(%)
    Registered Married 1459 57.4
    Not Married 962 37.9
    Defacto Relationship 119 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2594 78.9
    Croatia 56 1.7
    Hong Kong 56 1.7
    United Kingdom 87 2.6
    Other 105 3.2
    Others 388 11.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 0.8
    Christianity 2781 85.8
    Hinduism 17 0.5
    Islam 73 2.3
    No Religion 334 10.3
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 113 10.5
    $800-$999 91 8.5
    $1,500-$1,999 149 13.9
    $2,000-$2,499 117 10.9
    $2,500-$2,999 94 8.7
    Others 511 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1081 39.9
    Employed, worked full-time 1008 37.2
    Employed, worked part-time 470 17.3
    Employed, away from work 99 3.7
    Unemployed, looking for work 54 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 212 13.4
    Professionals 336 21.3
    Technicians & trades workers 236 14.9
    Clerical & administrative workers 302 19.1
    Sales 148 9.4
    Others 345 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 64 8.3
    Infants/Primary 279 36.1
    Secondary 229 29.6
    Technical or Further Educational Institution 64 8.3
    University or other Tertiary Institutions 122 15.8
    Others 15 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2756 86.7
    Semi-detached, row or terrace house, townhouse 270 8.5
    Flat, unit or apartment 139 4.4
    House or flat attached to a shop, office 14 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 533 46.5
    Being purchased 445 38.8
    Rented 141 12.3
    Other tenure type 27 2.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals