Suburb Profile Report for Garden Suburb NSW (2289)

Garden Suburb House: Median price $575,000, Annual capital growth 4.79%, Number of sales 29, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Garden Suburb, 2289 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.75%

Garden Suburb,2289 has offered an average of 12.75% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Garden Suburb should be aiming for at least -3.09% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Garden Suburb the average time real estate has been on the market is 37.59 days.

With the median price for a house in Garden Suburb being $575000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.34%

HOUSE UNIT
$575,000 N/A
1.55% N/A
12.75% N/A
4.79% N/A
$480 N/A
29 N/A
4.34% N/A
37.59 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 1927
Median household income ($/weekly) 1685
Median age of persons 40
Median housing loan repayment ($/monthly) 1900
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 299 15.5
    25-34 years 169 8.8
    35-44 years 254 13.2
    45-54 years 315 16.3
    55-64 years 249 12.9
    Others 641 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 833 58.1
    Not Married 502 35.0
    Defacto Relationship 98 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1644 88.2
    Greece 13 0.7
    Indonesia 20 1.1
    United Kingdom 75 4.0
    Other 19 1.0
    Others 93 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 1.3
    Christianity 1406 77.6
    Islam 15 0.8
    Other Religious Groups 8 0.4
    No Religion 357 19.7
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 50 8.5
    $1,500-$1,999 86 14.6
    $2,000-$2,499 57 9.7
    $2,500-$2,999 67 11.4
    $3,000-$3,499 60 10.2
    Others 270 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 575 38.7
    Not in the labour force 470 31.7
    Employed, worked part-time 341 23.0
    Unemployed, looking for work 50 3.4
    Employed, away from work 48 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 102 10.5
    Professionals 260 26.9
    Technicians & trades workers 130 13.4
    Clerical & administrative workers 164 17.0
    Sales 85 8.8
    Others 226 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 35 6.5
    Infants/Primary 177 32.7
    Secondary 192 35.5
    Technical or Further Educational Institution 42 7.8
    University or other Tertiary Institutions 86 15.9
    Others 9 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1831 99.3
    Flat, unit or apartment 10 0.5
    Semi-detached, row or terrace house, townhouse 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 282 44.5
    Being purchased 275 43.4
    Rented 71 11.2
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals