Suburb Profile Report for The Junction NSW (2291)

The Junction House: Median price $1,250,000, Annual capital growth 10.05%, Number of sales 21, Weekly median advertised rent $550

The Junction Unit: Median price $532,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $360

  • 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 11.06% which means that The Junction, 2291 has done well for property investors by showing a capital gain of 2.88% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, The Junction comes in at number 739th in NSW.

On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.

With the median price for a house in The Junction being $1250000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 2.29%

The Junction,2291 was ranked 325 in Australia by increase in median property value over the quarter.

In the last year 10 properties changed hands in The Junction, which puts it as the 596th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $360 mark per week – giving a return of 3.52% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,250,000 $532,500
0.81% 4.41%
2.88% N/A
10.05% N/A
$550 $360
21 10
2.29% 3.52%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in The Junction NSW
Demographics
Total population 1495
Median household income ($/weekly) 1159
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 148 9.9
    25-34 years 255 17.0
    35-44 years 197 13.2
    45-54 years 201 13.4
    55-64 years 191 12.8
    Others 504 33.7
    Age Group
    Census Count Percent(%)
    Not Married 600 51.8
    Registered Married 438 37.8
    Defacto Relationship 121 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1252 88.3
    Papua New Guinea 16 1.1
    United Kingdom 52 3.7
    United States of America 9 0.6
    Other 23 1.6
    Others 66 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.9
    Christianity 996 71.5
    Hinduism 3 0.2
    Judaism 3 0.2
    No Religion 361 25.9
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 67 11.4
    $400-$599 57 9.7
    $600-$799 48 8.2
    $800-$999 48 8.2
    $1,500-$1,999 73 12.4
    Others 295 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 477 39.0
    Not in the labour force 385 31.5
    Employed, worked part-time 257 21.0
    Employed, away from work 62 5.1
    Unemployed, looking for work 43 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 107 13.5
    Professionals 262 33.1
    Technicians & trades workers 89 11.3
    Community & personal service workers 99 12.5
    Clerical & administrative workers 108 13.7
    Others 126 15.9
    Occupation
    Census Count Percent(%)
    Pre-school 26 6.9
    Infants/Primary 95 25.1
    Secondary 70 18.5
    Technical or Further Educational Institution 40 10.6
    University or other Tertiary Institutions 135 35.7
    Others 12 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 813 58.4
    Flat, unit or apartment 309 22.2
    Semi-detached, row or terrace house, townhouse 267 19.2
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 310 47.9
    Fully owned 187 28.9
    Being purchased 144 22.3
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals