Suburb Profile Report for Sylvania NSW (2224)

Sylvania House: Median price $1,270,000, Annual capital growth 7.58%, Number of sales 84, Weekly median advertised rent $695

Sylvania Unit: Median price $855,500, Annual capital growth 5.45%, Number of sales 86, Weekly median advertised rent $550

  • 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 Sylvania, 2224 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 5.83%.

Comparing Sylvania,2224 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sylvania2224 is located in NSW which offers an average discount of -5.49% to property investors. Sylvania itself is showing figures that indicate -6.60% is the average achievable by property buyers investing in the suburb.

At number 1969 in a list of fastest selling suburbs, Sylvania is just in the bottom half of suburbs in Australia with an average of days on market 83.51 for properties listed there.

Renters in Suburb are facing rents around $8340 per annum or $695 every week.

Property investors who have had real estate in Sylvania, 2224 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.15%

While Sylvania,2224 ranked number 429th in NSW for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.

Property investors looking for a bargain in Sylvania should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.

Sylvania, 2224’s gross rental yield is 3.34%

Metrics i HOUSE UNIT
$1,270,000 $855,500
1.60% -0.52%
5.83% -4.15%
7.58% 5.45%
$695 $550
84 86
2.85% 3.34%
83.51 69.97

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 9729
Median household income ($/weekly) 1421
Median age of persons 43
Median housing loan repayment ($/monthly) 2500
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1066 11.0
    35-44 years 1375 14.1
    45-54 years 1216 12.5
    55-64 years 1150 11.8
    65-74 years 1140 11.7
    Others 3782 38.9
    Age Group
    Census Count Percent(%)
    Registered Married 4114 56.1
    Not Married 2779 37.9
    Defacto Relationship 436 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 7082 76.7
    Croatia 203 2.2
    Papua New Guinea 154 1.7
    United Kingdom 384 4.2
    Other 348 3.8
    Others 1068 11.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 163 1.8
    Christianity 7422 82.0
    Hinduism 54 0.6
    Islam 167 1.8
    No Religion 1190 13.2
    Others 50 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 309 9.7
    $600-$799 263 8.2
    $1,500-$1,999 359 11.3
    $2,000-$2,499 292 9.2
    $2,500-$2,999 339 10.6
    Others 1627 51.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2984 39.0
    Employed, worked full-time 2825 36.9
    Employed, worked part-time 1390 18.1
    Employed, away from work 270 3.5
    Unemployed, looking for work 192 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 673 15.0
    Professionals 1004 22.4
    Technicians & trades workers 556 12.4
    Clerical & administrative workers 859 19.2
    Sales 479 10.7
    Others 914 20.4
    Occupation
    Census Count Percent(%)
    Pre-school 173 8.6
    Infants/Primary 695 34.6
    Secondary 582 29.0
    Technical or Further Educational Institution 154 7.7
    University or other Tertiary Institutions 352 17.5
    Others 51 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6719 74.0
    Semi-detached, row or terrace house, townhouse 1575 17.3
    Flat, unit or apartment 780 8.6
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1496 43.6
    Being purchased 1132 33.0
    Rented 729 21.2
    Other tenure type 78 2.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals