Suburb Profile Report for Padstow NSW (2211)

Padstow House: Median price $982,500, Annual capital growth 8.50%, Number of sales 157, Weekly median advertised rent $560

Padstow Unit: Median price $695,000, Annual capital growth 6.26%, Number of sales 59, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Padstow, 2211 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 3.97%.

Taking the average capital gain, or increase in median house value, Padstow,2211 has racked up an average of 3.97% over the period. This ranks it number 881th in the whole country for real estate investors looking at median house price increases.

Padstow2211 is located in NSW which offers an average discount of -5.49% to property investors. Padstow itself is showing figures that indicate -4.04% is the average achievable by property buyers investing in the suburb.

Investment property in Padstow has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.01%

Over the longer term, Padstow has seen property prices show investors a 39.00% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Padstow should be aiming for at least -4.57% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.

Padstow, 2211’s gross rental yield is 3.44%

Metrics i HOUSE UNIT
$982,500 $695,000
2.83% 5.30%
3.97% 7.01%
8.50% 6.26%
$560 $460
157 59
2.96% 3.44%
60.28 38.03

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 12716
Median household income ($/weekly) 1272
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1521 12.0
    25-34 years 1654 13.0
    35-44 years 1682 13.2
    45-54 years 1961 15.4
    55-64 years 1492 11.7
    Others 4406 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 5001 51.0
    Not Married 4290 43.7
    Defacto Relationship 519 5.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 7876 65.0
    Croatia 712 5.9
    Malaysia 257 2.1
    Viet Nam 468 3.9
    Other 593 4.9
    Others 2205 18.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 699 5.9
    Christianity 8403 71.0
    Hinduism 211 1.8
    Islam 610 5.2
    No Religion 1799 15.2
    Others 118 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 385 9.6
    $1,000-$1,249 351 8.7
    $1,250-$1,499 346 8.6
    $1,500-$1,999 460 11.4
    $2,000-$2,499 440 10.9
    Others 2048 50.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3932 39.5
    Not in the labour force 3729 37.5
    Employed, worked part-time 1589 16.0
    Employed, away from work 376 3.8
    Unemployed, looking for work 322 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 631 10.7
    Professionals 1174 19.9
    Technicians & trades workers 871 14.8
    Clerical & administrative workers 1172 19.9
    Sales 539 9.1
    Others 1507 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 172 5.9
    Infants/Primary 969 33.4
    Secondary 838 28.9
    Technical or Further Educational Institution 291 10.0
    University or other Tertiary Institutions 552 19.1
    Others 75 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9117 74.6
    Semi-detached, row or terrace house, townhouse 2175 17.8
    Flat, unit or apartment 835 6.8
    House or flat attached to a shop, office 95 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1635 37.7
    Being purchased 1501 34.6
    Rented 1174 27.1
    Other tenure type 29 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals