Suburb Profile Report for Islington NSW (2296)

Islington House: Median price $600,000, Annual capital growth 9.06%, Number of sales 51, Weekly median advertised rent $420

Islington Unit: Median price $617,500, Annual capital growth 6.68%, Number of sales 12, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Islington, 2296 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.94%.

A 87.50% growth in median value for property investors in Islington,2296 puts this suburb at number 239th in terms of best performing suburbs in NSW

Property buyers and investors in Islington 2296 should be seeing an average reduction in asking price of around -2.80% . This means that Islington is holding prices well when compared to other suburbs in NSW.

Islington, 2296 ranked 22th in NSW when comparing growth in median property values or capital gain over the last 12 months. Islington is one of 3163 in our list for NSW

Over the longer term, Islington has seen property prices show investors a 33.08% return over the last 3 years. This is worse than over the last 12 months

Islington2296 is located in NSW which offers an average discount of -4.13% to property investors. Islington itself is showing figures that indicate -2.10% is the average achievable by property buyers investing in the suburb.

A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 6.68%.

Metrics i HOUSE UNIT
$600,000 $617,500
5.82% 0.41%
17.94% 29.32%
9.06% 6.68%
$420 $410
51 12
3.64% 3.45%
31.2 20.7

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1806
Median household income ($/weekly) 1148
Median age of persons 34
Median housing loan repayment ($/monthly) 1800
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 192 10.6
    25-34 years 409 22.6
    35-44 years 311 17.2
    45-54 years 210 11.6
    55-64 years 171 9.5
    Others 513 28.4
    Age Group
    Census Count Percent(%)
    Not Married 791 57.9
    Registered Married 346 25.3
    Defacto Relationship 229 16.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1405 84.9
    Croatia 9 0.5
    Papua New Guinea 23 1.4
    United Kingdom 58 3.5
    Other 84 5.1
    Others 76 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 2.6
    Christianity 846 53.4
    Islam 11 0.7
    Other Religious Groups 16 1.0
    No Religion 664 41.9
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 81 11.3
    $600-$799 72 10.0
    $1,000-$1,249 80 11.1
    $1,250-$1,499 68 9.5
    $1,500-$1,999 111 15.5
    Others 306 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 606 42.7
    Not in the labour force 402 28.3
    Employed, worked part-time 284 20.0
    Unemployed, looking for work 79 5.6
    Employed, away from work 49 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 265 28.3
    Technicians & trades workers 139 14.9
    Community & personal service workers 116 12.4
    Clerical & administrative workers 125 13.4
    Sales 91 9.7
    Others 200 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 34 8.1
    Infants/Primary 84 20.0
    Secondary 69 16.4
    Technical or Further Educational Institution 67 15.9
    University or other Tertiary Institutions 158 37.5
    Others 9 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1209 71.9
    Flat, unit or apartment 271 16.1
    Semi-detached, row or terrace house, townhouse 180 10.7
    House or flat attached to a shop, office 21 1.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 366 47.0
    Being purchased 247 31.7
    Fully owned 161 20.7
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
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