Suburb Profile Report for Revesby NSW (2212)

Revesby House: Median price $925,000, Annual capital growth 7.89%, Number of sales 172, Weekly median advertised rent $530

Revesby Unit: Median price $722,000, Annual capital growth 7.72%, Number of sales 67, Weekly median advertised rent $490

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Revesby, 2212 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.78%

Over the longer term, Revesby has seen property prices show investors a 43.41% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Revesby should be aiming for at least -6.20% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 14.33 sales per month, which equates to 172 per year.

The NSW suburb of Revesby, 2212 is in the Bankstown local government area.

NSW has seen average median house prices change by 6.92% which means that Revesby, 2212 has done well for property investors by showing a capital gain of 4.94% over the last year

Over the longer term, Revesby has seen property prices show investors a 48.87% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -3.76% to buyers in Revesby at the moment, which is less than average for the rest of NSW.

Revesby, 2212’s gross rental yield is 3.53%

HOUSE UNIT
$925,000 $722,000
-1.60% -2.43%
2.78% 4.94%
7.89% 7.72%
$530 $490
172 67
2.98% 3.53%
57.96 48.69

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 12934
Median household income ($/weekly) 1222
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1565 12.1
    25-34 years 1751 13.5
    35-44 years 1790 13.8
    45-54 years 1788 13.8
    55-64 years 1390 10.7
    Others 4651 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 4773 49.8
    Not Married 4313 45.0
    Defacto Relationship 491 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7966 65.3
    Croatia 487 4.0
    Malaysia 418 3.4
    Viet Nam 542 4.4
    Other 561 4.6
    Others 2229 18.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 701 5.8
    Christianity 8556 71.2
    Hinduism 195 1.6
    Islam 799 6.6
    No Religion 1574 13.1
    Others 191 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 384 9.9
    $600-$799 340 8.7
    $1,000-$1,249 339 8.7
    $1,500-$1,999 504 13.0
    $2,000-$2,499 384 9.9
    Others 1938 49.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3832 39.1
    Employed, worked full-time 3737 38.1
    Employed, worked part-time 1526 15.6
    Unemployed, looking for work 378 3.9
    Employed, away from work 340 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 577 10.3
    Professionals 1016 18.1
    Technicians & trades workers 883 15.8
    Clerical & administrative workers 1121 20.0
    Sales 522 9.3
    Others 1484 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 240 7.9
    Infants/Primary 977 32.2
    Secondary 846 27.8
    Technical or Further Educational Institution 337 11.1
    University or other Tertiary Institutions 530 17.4
    Others 108 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8817 73.0
    Semi-detached, row or terrace house, townhouse 2697 22.3
    Flat, unit or apartment 500 4.1
    House or flat attached to a shop, office 61 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1489 35.1
    Being purchased 1456 34.3
    Rented 1277 30.1
    Other tenure type 26 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals