Suburb Profile Report for Engadine NSW (2233)

Engadine House: Median price $885,000, Annual capital growth 6.36%, Number of sales 181, Weekly median advertised rent $590

Engadine Unit: Median price $650,000, Annual capital growth 7.23%, Number of sales 74, Weekly median advertised rent $430

  • 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 7.93% which means that Engadine, 2233 has done well for property investors by showing a capital gain of 5.36% over the last year

Across a shorter period, Engadine, 2233 has seen a median price increase of -0.17% over the last quarter.

Our latest figures would indicate that property sellers in Engadine are currently offering property investors an average price cut of -4.25% below the asking price at the moment.

Using the current median advertised rental of $590 and the average annual increase in value of a median property of 6.36%, investors should hope to achieve an overall return of 3.47%

Over the last year, property investments in Engadine, 2233 have given investors a capital gain of 16.07%. This compares very favourably with the 6.92% for NSW as a whole.

Over the longer term, Engadine has seen property prices show investors a 46.73% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.46% offered to property buyers. Sellers in Engadine itself are offering an average vendor discount of -4.98% to real estate investors.

On average over the past year, suburb has had 6.17 sales per month, which equates to 74 per year.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.44%, without taking into account capital value appreciation, which has been averaging out at 7.23%.

HOUSE UNIT
$885,000 $650,000
-0.17% -0.38%
5.36% 16.07%
6.36% 7.23%
$590 $430
181 74
3.47% 3.44%
39.88 34.62

Source: CoreLogic

DSR Score for property investment : Excellent (H), Very good (U)
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Demographics
Total population 16867
Median household income ($/weekly) 1666
Median age of persons 37
Median housing loan repayment ($/monthly) 2427
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2424 14.4
    25-34 years 2137 12.7
    35-44 years 2617 15.5
    45-54 years 2073 12.3
    55-64 years 2041 12.1
    Others 5575 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 7461 60.7
    Not Married 4016 32.7
    Defacto Relationship 808 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 14275 86.9
    Papua New Guinea 215 1.3
    South Africa 75 0.5
    United Kingdom 863 5.3
    Other 254 1.5
    Others 741 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 130 0.8
    Christianity 12835 80.2
    Hinduism 37 0.2
    Islam 47 0.3
    No Religion 2907 18.2
    Others 54 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 432 8.3
    $1,500-$1,999 769 14.8
    $2,000-$2,499 701 13.5
    $2,500-$2,999 560 10.8
    $3,000-$3,499 429 8.3
    Others 2295 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5408 42.8
    Not in the labour force 3705 29.3
    Employed, worked part-time 2677 21.2
    Employed, away from work 540 4.3
    Unemployed, looking for work 301 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 958 11.1
    Professionals 1628 18.9
    Technicians & trades workers 1519 17.6
    Community & personal service workers 940 10.9
    Clerical & administrative workers 1754 20.3
    Others 1826 21.2
    Occupation
    Census Count Percent(%)
    Pre-school 469 11.0
    Infants/Primary 1697 39.9
    Secondary 1094 25.7
    Technical or Further Educational Institution 401 9.4
    University or other Tertiary Institutions 514 12.1
    Others 76 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14451 88.5
    Flat, unit or apartment 1150 7.0
    Semi-detached, row or terrace house, townhouse 673 4.1
    House or flat attached to a shop, office 47 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2669 47.5
    Fully owned 2159 38.4
    Rented 767 13.7
    Other tenure type 24 0.4
    Tenure Type
Census 2011, ABS
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