Suburb Profile Report for Niagara Park NSW (2250)

Niagara Park House: Median price $560,000, Annual capital growth 6.25%, Number of sales 58, Weekly median advertised rent $423

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

Source: CoreLogic

  • House Report

Niagara Park, 2250 ranked 451th in NSW when comparing growth in median property values or capital gain over the last 12 months. Niagara Park is one of 3163 in our list for NSW

While Niagara Park,2250 ranked number 385th in NSW for increase in median house value (annualised) increase, it is ranked 482th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Niagara Park is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 949th in terms of most discounted suburbs in NSW

A $422.5 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 6.25%.

Metrics i HOUSE UNIT
$560,000 N/A
5.16% N/A
12.56% N/A
6.25% N/A
$423 N/A
58 N/A
3.92% N/A
34.97 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2814
Median household income ($/weekly) 1231
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 426 15.1
    25-34 years 329 11.7
    35-44 years 406 14.4
    45-54 years 398 14.1
    55-64 years 380 13.5
    Others 875 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 997 48.9
    Not Married 859 42.1
    Defacto Relationship 183 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2306 85.5
    Croatia 17 0.6
    Papua New Guinea 42 1.6
    United Kingdom 187 6.9
    Other 42 1.6
    Others 103 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.0
    Christianity 1898 73.0
    Judaism 6 0.2
    Other Religious Groups 6 0.2
    No Religion 660 25.4
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 91 10.1
    $800-$999 83 9.2
    $1,000-$1,249 88 9.8
    $1,500-$1,999 138 15.4
    $2,000-$2,499 93 10.4
    Others 405 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 791 37.7
    Not in the labour force 677 32.3
    Employed, worked part-time 464 22.1
    Unemployed, looking for work 84 4.0
    Employed, away from work 83 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 252 18.8
    Technicians & trades workers 205 15.3
    Community & personal service workers 140 10.5
    Clerical & administrative workers 232 17.3
    Labourers 147 11.0
    Others 363 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 75 10.5
    Infants/Primary 257 35.9
    Secondary 200 27.9
    Technical or Further Educational Institution 68 9.5
    University or other Tertiary Institutions 106 14.8
    Others 10 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2421 89.8
    Semi-detached, row or terrace house, townhouse 216 8.0
    Flat, unit or apartment 60 2.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 429 43.8
    Fully owned 276 28.2
    Rented 270 27.6
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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