Suburb Profile Report for Schofields NSW (2762)

Schofields House: Median price $847,500, Annual capital growth 8.90%, Number of sales 186, Weekly median advertised rent $500

Schofields Unit: Median price $650,000, Annual capital growth 4.59%, Number of sales 10, Weekly median advertised rent $490

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Schofields, 2762 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.83%

The five-year average increase in median property values for Schofields,2762 has given property investors a potential capital gain of 67.00% across each of those five years.

Schofields, 2762 is offering NSW ‘s 240th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.

Residents and property investors in Schofields have been waiting around 69.44 days to sell a property.

If you compare the increase in value of investment property in Schofields, 2762 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -4.55%.

When looking at the potential capital gains offered to property investors over the last 3 years, Schofields comes in at number 483th in NSW.

Renters in Suburb are facing rents around $5880 per annum or $490 every week.

Metrics i HOUSE UNIT
$847,500 $650,000
0.89% -3.70%
22.83% -4.55%
8.90% 4.59%
$500 $490
186 10
3.07% 3.92%
69.44 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 3812
Median household income ($/weekly) 1454
Median age of persons 35
Median housing loan repayment ($/monthly) 2159
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 567 14.9
    25-34 years 536 14.1
    35-44 years 542 14.2
    45-54 years 553 14.5
    55-64 years 422 11.1
    Others 1193 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 1440 51.3
    Not Married 1148 40.9
    Defacto Relationship 218 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2821 76.8
    Netherlands 173 4.7
    Papua New Guinea 58 1.6
    United Kingdom 129 3.5
    Other 122 3.3
    Others 368 10.0
    Country of Birth
    Census Count Percent(%)
    Christianity 2943 82.0
    Hinduism 49 1.4
    Islam 48 1.3
    Other Religious Groups 30 0.8
    No Religion 493 13.7
    Others 25 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 100 8.8
    $1,250-$1,499 97 8.5
    $1,500-$1,999 167 14.7
    $2,000-$2,499 140 12.3
    $2,500-$2,999 100 8.8
    Others 533 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1288 45.0
    Not in the labour force 813 28.4
    Employed, worked part-time 548 19.1
    Employed, away from work 131 4.6
    Unemployed, looking for work 84 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 239 12.2
    Professionals 293 14.9
    Technicians & trades workers 325 16.5
    Clerical & administrative workers 333 16.9
    Labourers 206 10.5
    Others 570 29.0
    Occupation
    Census Count Percent(%)
    Pre-school 73 7.6
    Infants/Primary 361 37.8
    Secondary 291 30.5
    Technical or Further Educational Institution 81 8.5
    University or other Tertiary Institutions 130 13.6
    Others 19 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3548 96.5
    Semi-detached, row or terrace house, townhouse 114 3.1
    Flat, unit or apartment 10 0.3
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 475 38.5
    Fully owned 443 35.9
    Rented 312 25.3
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals