Suburb Profile Report for Suffolk Park NSW (2481)

Suffolk Park House: Median price $1,048,000, Annual capital growth 6.96%, Number of sales 75, Weekly median advertised rent $700

Suffolk Park Unit: Median price $685,000, Annual capital growth 5.97%, Number of sales 30, Weekly median advertised rent $630

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 23.29% for the last 12 months, Suffolk Park, 2481 has performed for property investments than its average annual 6.96% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Suffolk Park has given property investors a paper return of 6.18%. This puts Suburb as 307 on a list of fastest fasting appreciating suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Suffolk Park, 2481. Typically our figures indicate that -4.42% is being offered, which puts this NSW suburb at 2798th most discounted overall in Australia.

With the median price for a house in Suffolk Park being $1048000 and the advertised rent reaching $700 the gross rental yield for property investors calculates out to be 3.47%

With a capital gain of 12.30% for the last 12 months, Suffolk Park, 2481 has performed for property investments than its average annual 5.97% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Suffolk Park comes in at number 99th in NSW.

Vendor discounting in Suffolk Park is giving property investors an average Vendor Discount of around -3.33%. This puts suburb at number 318th in NSW when ranking the most discounted suburbs.

At number 729 in a list of fastest selling suburbs, Suffolk Park is just in the top half of suburbs in Australia with an average of days on market 75.52 for properties listed there.

Metrics i HOUSE UNIT
$1,048,000 $685,000
6.18% -0.72%
23.29% 12.30%
6.96% 5.97%
$700 $630
75 30
3.47% 4.78%
76.81 75.52

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 3468
Median household income ($/weekly) 1030
Median age of persons 39
Median housing loan repayment ($/monthly) 1950
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 444 12.8
    25-34 years 451 13.0
    35-44 years 556 16.0
    45-54 years 610 17.6
    55-64 years 462 13.3
    Others 944 27.2
    Age Group
    Census Count Percent(%)
    Not Married 1159 49.3
    Registered Married 857 36.5
    Defacto Relationship 335 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2552 81.1
    Papua New Guinea 87 2.8
    United Kingdom 198 6.3
    United States of America 47 1.5
    Other 84 2.7
    Others 179 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 136 4.7
    Christianity 1441 49.5
    Judaism 29 1.0
    Other Religious Groups 53 1.8
    No Religion 1233 42.4
    Others 19 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 136 12.5
    $600-$799 116 10.6
    $800-$999 125 11.4
    $1,000-$1,249 103 9.4
    $1,500-$1,999 126 11.5
    Others 486 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 842 32.6
    Employed, worked full-time 739 28.6
    Employed, worked part-time 737 28.5
    Unemployed, looking for work 142 5.5
    Employed, away from work 122 4.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 231 14.4
    Professionals 398 24.9
    Technicians & trades workers 219 13.7
    Community & personal service workers 186 11.6
    Sales 178 11.1
    Others 387 24.2
    Occupation
    Census Count Percent(%)
    Pre-school 66 8.3
    Infants/Primary 250 31.4
    Secondary 229 28.7
    Technical or Further Educational Institution 82 10.3
    University or other Tertiary Institutions 145 18.2
    Others 25 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2281 76.0
    Semi-detached, row or terrace house, townhouse 512 17.1
    Flat, unit or apartment 96 3.2
    Caravan, cabin, houseboat 95 3.2
    House or flat attached to a shop, office 11 0.4
    Others 6 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 446 36.8
    Being purchased 405 33.4
    Fully owned 352 29.0
    Other tenure type 9 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals