Suburb Profile Report for Padstow NSW (2211)

Padstow House: Median price $955,000, Annual capital growth 7.96%, Number of sales 172, Weekly median advertised rent $550

Padstow Unit: Median price $645,000, Annual capital growth 5.90%, Number of sales 55, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1848th in the list of Australian suburbs ordered by increase in median house value over the last year, Padstow, 2211 is in the top half with a property value increase of 5.58% recorded in median house prices.

Padstow,2211 was ranked 2202 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Padstow should be aiming for at least -4.55% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $550 mark per week – giving a return of 2.99% based on the median price in Suburb

Property value increases in Padstow have tracked lower than the NSW average of 5.41% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Padstow comes in at number 286th in NSW.

Vendor discounting in Padstow is giving property investors an average Vendor Discount of around -5.34%. This puts suburb at number 119th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $460 weekly from the median priced house in this suburb.

HOUSE UNIT
$955,000 $645,000
0.79% 1.90%
5.58% -1.90%
7.96% 5.90%
$550 $460
172 55
2.99% 3.71%
55.05 34.84

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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
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Recent sales & rentals