Suburb Profile Report for Padstow NSW (2211)

Padstow House: Median price $945,000, Annual capital growth 7.66%, Number of sales 162, Weekly median advertised rent $555

Padstow Unit: Median price $643,000, Annual capital growth 5.56%, Number of sales 58, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.15% which means that Padstow, 2211 has done well for property investors by showing a capital gain of 6.00% over the last year

The five-year average increase in median property values for Padstow,2211 has given property investors a potential capital gain of 65.35% across each of those five years.

Property buyers and investors in Padstow 2211 should be seeing an average reduction in asking price of around -4.71% . This means that Padstow is holding prices well when compared to other suburbs in NSW.

In the last year 162 properties changed hands in Padstow, which puts it as the 104th most active market in NSW when comparing the number of sales per suburb.

Situated 16.33km from the CBD, Padstow is one of Bankstown localities in the postcode 2211.

Property value increases in Padstow have tracked just lower than the NSW average of 6.59% over the last 12 months.

Padstow,2211 has offered an average of 1.26% return per annum in house price rises to property investors over the last three years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.48% offered to property buyers. Sellers in Padstow itself are offering an average vendor discount of -4.29% to real estate investors.

In the last year 58 properties changed hands in Padstow, which puts it as the 233th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$945,000 $643,000
-0.53% -1.27%
6.00% 1.26%
7.66% 5.56%
$555 $460
162 58
3.05% 3.72%
51.6 27.64

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