Suburb Profile Report for Engadine NSW (2233)

Engadine House: Median price $925,000, Annual capital growth 6.86%, Number of sales 192, Weekly median advertised rent $600

Engadine Unit: Median price $622,500, Annual capital growth 5.82%, Number of sales 81, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Engadine has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.11%

Taking the average capital gain, or increase in median house value, Engadine,2233 has racked up an average of 5.11% over the period. This ranks it number 746th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Engadine should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 192 properties changed hands in Engadine, which puts it as the 76th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Engadine being $925000 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 3.37%

At number 1384th in the list of Australian suburbs ordered by increase in median house value over the last year, Engadine, 2233 is in the BOTTOM 30% with a property value increase of -4.23% recorded in median house prices.

Across a shorter period, Engadine, 2233 has seen a median price increase of -3.30% over the last quarter.

Vendor discounting in Engadine is giving property investors an average Vendor Discount of around -4.88%. This puts suburb at number 168th in NSW when ranking the most discounted suburbs.

Engadine is 449th on a list of best yielding suburbs for rents in NSW with a 3.59% return

Metrics i HOUSE UNIT
$925,000 $622,500
2.78% -3.30%
5.11% -4.23%
6.86% 5.82%
$600 $430
192 81
3.37% 3.59%
41.95 35.56

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
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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
Chart Table
Recent sales & rentals