Suburb Profile Report for Engadine NSW (2233)

Engadine House: Median price $975,000, Annual capital growth 7.24%, Number of sales 177, Weekly median advertised rent $600

Engadine Unit: Median price $708,000, Annual capital growth 7.35%, Number of sales 71, Weekly median advertised rent $438

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1402th in the list of Australian suburbs ordered by increase in median house value over the last year, Engadine, 2233 is in the top 40% with a property value increase of 9.98% recorded in median house prices.

Over the longer term, Engadine has seen property prices show investors a 41.92% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Engadine is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 322th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 14.75 sales per month, which equates to 177 per year.

Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.24%, investors should hope to achieve an overall return of 3.20%

Property value increases in Engadine have tracked close to the NSW average of 6.96% over the last 12 months.

Taking the average capital gain, or increase in median house value, Engadine,2233 has racked up an average of 8.09% over the period. This ranks it number 242th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Engadine are currently offering property investors an average price cut of -5.07% below the asking price at the moment.

Often selling an investment property can take time, and in Engadine the average time real estate has been on the market is 34.16 days.

Engadine is 511th on a list of best yielding suburbs for rents in NSW with a 3.21% return

Metrics i HOUSE UNIT
$975,000 $708,000
4.78% 12.83%
9.98% 8.09%
7.24% 7.35%
$600 $438
177 71
3.20% 3.21%
34.97 34.16

Source: CoreLogic

DSR Score for property investment : Very good (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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