Suburb Profile Report for Sutherland NSW (2232)

Sutherland House: Median price $1,088,250, Annual capital growth 8.69%, Number of sales 58, Weekly median advertised rent $575

Sutherland Unit: Median price $630,000, Annual capital growth 7.09%, Number of sales 281, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a a solid capital gain of 12.66% for the last year, Sutherland, 2232 is the 728th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Sutherland comes in at number 137th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Sutherland itself are offering an average vendor discount of -6.10% to real estate investors.

Sutherland, 2232’s gross rental yield is 2.75%

NSW has seen average median house prices change by 6.59% which means that Sutherland, 2232 has done well for property investors by showing a capital gain of 11.50% over the last year

Over the longer term, Sutherland has seen property prices show investors a 40.01% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -3.20% to buyers in Sutherland at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 23.42 sales per month, which equates to 281 per year.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 7.09%, investors should hope to achieve an overall return of 3.71%

Information supplied by:




M
O

W
E
Admittedly, the central Sutherland Shire suburb of Sutherland isn’t the closest to the CBD, at more than 22km from the centre of Sydney as the crow flies. However, there is a direct rail link to Central station and to Wollongong – trains take about half an hour to reach the centre of Sydney.

Full summary

Admittedly, the central Sutherland Shire suburb of Sutherland isn’t the closest to the CBD, at more than 22km from the centre of Sydney as the crow flies. However, there is a direct rail link to Central station and to Wollongong – trains take about half an hour to reach the centre of Sydney.

The suburb also well served for amenities: there are a wide range of independent and chain stores on the Old Princes Highway and the East Parade. There are four schools in the suburb, a number of churches, and the nearest hospital is in Miranda. Sutherland also acts as a hub to access the wildlife reserves and beaches in the rest of the Shire, and the nearby Royal National Park.

Apartments make up approximately 17% of properties in Sutherland, and are significantly more affordable than in surrounding suburbs, with only Jannali units coming close. Renters make up 30% of the residents, providing a healthy rental market.

White collar workers make up nearly a quarter of the population, and weekly incomes are significantly higher than the NSW average. While population growth isn't as high as in some other areas of Sydney, it still charts in at a respectable 3,000 people between 2005 to 2009 – a 2.5% increase.

The combination of lifestyle, affordability and sluggish growth suggests that Sutherland could be in line for a growth spurt.

Close
HOUSE UNIT
$1,088,250 $630,000
0.07% 2.44%
12.66% 11.50%
8.69% 7.09%
$575 $450
58 281
2.75% 3.71%
85.53 31.53

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Sutherland NSW
Demographics
Total population 9923
Median household income ($/weekly) 1375
Median age of persons 36
Median housing loan repayment ($/monthly) 2132
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 792 8.0
    25-34 years 2260 22.8
    35-44 years 1577 15.9
    45-54 years 1178 11.9
    55-64 years 892 9.0
    Others 3224 32.5
    Age Group
    Census Count Percent(%)
    Not Married 3433 45.9
    Registered Married 3079 41.2
    Defacto Relationship 963 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6958 75.6
    Croatia 163 1.8
    Papua New Guinea 200 2.2
    United Kingdom 443 4.8
    Other 486 5.3
    Others 949 10.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 155 1.7
    Christianity 6574 73.6
    Hinduism 97 1.1
    Islam 133 1.5
    No Religion 1901 21.3
    Others 75 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 373 9.3
    $1,250-$1,499 395 9.9
    $1,500-$1,999 605 15.1
    $2,000-$2,499 428 10.7
    $2,500-$2,999 411 10.3
    Others 1795 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3835 49.1
    Not in the labour force 2201 28.2
    Employed, worked part-time 1264 16.2
    Employed, away from work 294 3.8
    Unemployed, looking for work 218 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 618 11.5
    Professionals 1378 25.6
    Technicians & trades workers 727 13.5
    Community & personal service workers 546 10.1
    Clerical & administrative workers 987 18.3
    Others 1135 21.1
    Occupation
    Census Count Percent(%)
    Pre-school 160 8.9
    Infants/Primary 540 29.9
    Secondary 341 18.9
    Technical or Further Educational Institution 261 14.4
    University or other Tertiary Institutions 411 22.7
    Others 94 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4871 53.8
    Separate house 3157 34.8
    Semi-detached, row or terrace house, townhouse 1027 11.3
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1743 41.1
    Being purchased 1464 34.5
    Fully owned 1006 23.7
    Other tenure type 32 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals