Suburb Profile Report for Suffolk Park NSW (2481)

Suffolk Park House: Median price $1,050,000, Annual capital growth 6.37%, Number of sales 75, Weekly median advertised rent $700

Suffolk Park Unit: Median price $710,000, Annual capital growth 5.93%, Number of sales 28, Weekly median advertised rent $620

  • 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 10.13% which means that Suffolk Park, 2481 has done well for property investors by showing a capital gain of 22.81% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Suffolk Park comes in at number 225th in NSW.

Our latest figures would indicate that property sellers in Suffolk Park are currently offering property investors an average price cut of -5.17% below the asking price at the moment.

In the last year 75 properties changed hands in Suffolk Park, which puts it as the 432th most active market in NSW when comparing the number of sales per suburb.

Suffolk Park is 633th on a list of best yielding suburbs for rents in NSW with a 3.47% return

Suffolk Park is in the TOP 20% in NSW when comparing median price capital growth over the last year. Suffolk Park gave property investors a very good capital gain figure when compared to the rest of the state, with 17.36%.

While Suffolk Park,2481 ranked number 214th in NSW for increase in median house value (annualised) increase, it is ranked 209th over the last 5 years.

Our latest figures would indicate that property sellers in Suffolk Park are currently offering property investors an average price cut of -2.12% below the asking price at the moment.

Property investors should expect to get $620 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,050,000 $710,000
10.41% 2.90%
22.81% 17.36%
6.37% 5.93%
$700 $620
75 28
3.47% 4.54%
76.92 80.33

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