Suburb Profile Report for Sutherland NSW (2232)

Sutherland House: Median price $1,100,000, Annual capital growth 8.95%, Number of sales 56, Weekly median advertised rent $573

Sutherland Unit: Median price $640,000, Annual capital growth 7.36%, Number of sales 300, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 1150th in the list of Australian suburbs ordered by increase in median house value over the last year, Sutherland, 2232 is in the top 30% with a property value increase of 9.45% recorded in median house prices.

While Sutherland,2232 ranked number 857th in NSW for increase in median house value (annualised) increase, it is ranked 187th over the last 5 years.

Our latest figures would indicate that property sellers in Sutherland are currently offering property investors an average price cut of -4.90% below the asking price at the moment.

On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.

A $572.5 per week rent on the median house gives suburb investors a gross yield of circa 2.71%, without taking into account capital value appreciation, which has been averaging out at 8.95%.

With a capital gain of 5.61% for the last 12 months, Sutherland, 2232 has performed for property investments than its average annual 7.36% property growth over the last 5 years.

The five-year average increase in median property values for Sutherland,2232 has given property investors a potential capital gain of 56.10% across each of those five years.

The most recent median price for Sutherland is $640000, with sellers offering an average of -3.44% off the asking price.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.66%, without taking into account capital value appreciation, which has been averaging out at 7.36%.

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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
$1,100,000 $640,000
1.08% 1.59%
9.45% 5.61%
8.95% 7.36%
$573 $450
56 300
2.71% 3.66%
85.71 35.29

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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
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