Suburb Profile Report for Jesmond NSW (2299)

Jesmond House: Median price $440,000, Annual capital growth 5.03%, Number of sales 39, Weekly median advertised rent $350

Jesmond Unit: Median price $348,000, Annual capital growth 5.03%, Number of sales 26, Weekly median advertised rent $323

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Jesmond 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 2.33%

If we look at median property appreciation over just the last three months, Jesmond has given property investors a paper return of 1.15%. This puts Suburb as 638 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Jesmond 2299 should be seeing an average reduction in asking price of around -7.89% . This means that Jesmond is holding prices well when compared to other suburbs in NSW.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Jesmond, 2299 ranked 94th in NSW when comparing growth in median property values or capital gain over the last 12 months. Jesmond is one of 3162 in our list for NSW

Property buyers and investors in Jesmond 2299 should be seeing an average reduction in asking price of around -4.53% . This means that Jesmond is holding prices well when compared to other suburbs in NSW.

Property investors should expect to get $322.5 weekly from the median priced house in this suburb.

HOUSE UNIT
$440,000 $348,000
1.15% N/A
2.33% 14.85%
5.03% 5.03%
$350 $323
39 26
4.14% 4.82%
75.96 101.66

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2607
Median household income ($/weekly) 735
Median age of persons 29
Median housing loan repayment ($/monthly) 1417
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 216 8.3
    20-24 years 433 16.6
    25-34 years 536 20.6
    35-44 years 254 9.7
    45-54 years 245 9.4
    Others 922 35.4
    Age Group
    Census Count Percent(%)
    Not Married 1203 61.9
    Registered Married 556 28.6
    Defacto Relationship 184 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1626 67.4
    Croatia 118 4.9
    Lebanon 69 2.9
    United Kingdom 56 2.3
    Other 260 10.8
    Others 285 11.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 104 4.4
    Christianity 1434 60.3
    Hinduism 34 1.4
    Islam 185 7.8
    No Religion 607 25.5
    Others 16 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 136 14.9
    $400-$599 122 13.3
    $600-$799 117 12.8
    $800-$999 84 9.2
    $1,000-$1,249 83 9.1
    Others 373 40.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1027 49.9
    Employed, worked full-time 477 23.2
    Employed, worked part-time 378 18.4
    Unemployed, looking for work 112 5.4
    Employed, away from work 64 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 170 18.5
    Technicians & trades workers 125 13.6
    Community & personal service workers 141 15.4
    Sales 119 13.0
    Labourers 130 14.2
    Others 233 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 31 3.6
    Infants/Primary 153 17.6
    Secondary 81 9.3
    Technical or Further Educational Institution 81 9.3
    University or other Tertiary Institutions 497 57.3
    Others 24 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1255 53.3
    Semi-detached, row or terrace house, townhouse 670 28.5
    Flat, unit or apartment 427 18.1
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 614 62.7
    Fully owned 219 22.4
    Being purchased 137 14.0
    Other tenure type 9 0.9
    Tenure Type
Census 2011, ABS
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