Suburb Profile Report for Schofields NSW (2762)

Schofields House: Median price $745,000, Annual capital growth 7.65%, Number of sales 142, Weekly median advertised rent $488

Schofields Unit: Median price $683,000, Annual capital growth 9.23%, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 5.69% for the last year, Schofields, 2762 is the 1760th highest performer in Australia in this respect.

Comparing Schofields,2762 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Schofields should be aiming for at least -5.90% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Schofields the average time real estate has been on the market is 76.95 days.

Using the current median advertised rental of $487.5 and the average annual increase in value of a median property of 7.65%, investors should hope to achieve an overall return of 3.40%

At number 1005th in the list of Australian suburbs ordered by increase in median house value over the last year, Schofields, 2762 is in the BOTTOM 50% with a property value increase of 0.96% recorded in median house prices.

While Schofields,2762 ranked number 400th in NSW for increase in median house value (annualised) increase, it is ranked 499th over the last 5 years.

HOUSE UNIT
$745,000 $683,000
6.43% -0.14%
5.69% 0.96%
7.65% 9.23%
$488 N/A
142 14
3.40% N/A
76.95 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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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