Suburb Profile Report for Cambridge Gardens NSW (2747)

Cambridge Gardens House: Median price $575,000, Annual capital growth 6.64%, Number of sales 29, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Investment property in Cambridge Gardens has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.69%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cambridge Gardens has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -7.15% to buyers in Cambridge Gardens at the moment, which is less than average for the rest of NSW.

With the median price for a house in Cambridge Gardens being $575000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.80%

HOUSE UNIT
$575,000 N/A
2.13% N/A
21.69% N/A
6.64% N/A
$420 N/A
29 N/A
3.80% N/A
34.34 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 2038
Median household income ($/weekly) 1647
Median age of persons 33
Median housing loan repayment ($/monthly) 1930
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 303 14.9
    25-34 years 316 15.5
    35-44 years 273 13.4
    45-54 years 262 12.9
    55-64 years 309 15.2
    Others 575 28.2
    Age Group
    Census Count Percent(%)
    Registered Married 781 51.7
    Not Married 557 36.9
    Defacto Relationship 172 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1644 83.0
    Italy 17 0.9
    Papua New Guinea 45 2.3
    United Kingdom 117 5.9
    Other 31 1.6
    Others 127 6.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1535 79.4
    No Religion 349 18.0
    Islam 31 1.6
    Other Religious Groups 11 0.6
    Buddhism 8 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 52 8.6
    $1,250-$1,499 60 9.9
    $1,500-$1,999 135 22.2
    $2,000-$2,499 99 16.3
    $2,500-$2,999 56 9.2
    Others 206 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 739 48.3
    Not in the labour force 391 25.5
    Employed, worked part-time 273 17.8
    Employed, away from work 88 5.7
    Unemployed, looking for work 40 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 122 11.1
    Technicians & trades workers 174 15.8
    Clerical & administrative workers 240 21.8
    Sales 112 10.2
    Machinery operators & drivers 129 11.7
    Others 323 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 44 9.1
    Infants/Primary 202 41.6
    Secondary 131 27.0
    Technical or Further Educational Institution 52 10.7
    University or other Tertiary Institutions 43 8.8
    Others 14 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1991 99.2
    Semi-detached, row or terrace house, townhouse 16 0.8
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 340 52.1
    Fully owned 205 31.4
    Rented 107 16.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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