Suburb Profile Report for Mount Druitt NSW (2770)

Mount Druitt House: Median price $681,000, Annual capital growth 8.56%, Number of sales 118, Weekly median advertised rent $420

Mount Druitt Unit: Median price $415,000, Annual capital growth 7.03%, Number of sales 216, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mount Druitt has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.77%

The five-year average increase in median property values for Mount Druitt,2770 has given property investors a potential capital gain of 89.17% across each of those five years.

Property buyers and investors in Mount Druitt 2770 should be seeing an average reduction in asking price of around -4.26% . This means that Mount Druitt is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 9.83 sales per month, which equates to 118 per year.

Advertised rents are around the $420 mark per week – giving a return of 3.21% based on the median price in Suburb

With a capital gain of 5.20% for the last 12 months, Mount Druitt, 2770 has performed for property investments than its average annual 7.03% property growth over the last 5 years.

Across a shorter period, Mount Druitt, 2770 has seen a median price increase of 1.41% over the last quarter.

Property investors looking for a bargain in Mount Druitt should be aiming for at least -4.08% off the asking price, which is the average vendor discount being achieved at the moment.

Mount Druitt, 2770’s gross rental yield is 4.39%

Metrics i HOUSE UNIT
$681,000 $415,000
4.37% 1.41%
4.77% 5.20%
8.56% 7.03%
$420 $350
118 216
3.21% 4.39%
55.44 44.52

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 15793
Median household income ($/weekly) 1049
Median age of persons 30
Median housing loan repayment ($/monthly) 1700
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 1556 9.9
    5-14 years 2560 16.2
    25-34 years 2694 17.1
    35-44 years 2269 14.4
    45-54 years 1874 11.9
    Others 4841 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 5619 51.3
    Not Married 4829 44.1
    Defacto Relationship 510 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6574 44.3
    Indonesia 589 4.0
    Ireland 697 4.7
    Philippines 1900 12.8
    Other 2477 16.7
    Others 2586 17.4
    Country of Birth
    Census Count Percent(%)
    Christianity 9848 67.0
    Hinduism 696 4.7
    Islam 2852 19.4
    Other Religious Groups 211 1.4
    No Religion 940 6.4
    Others 159 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 483 11.3
    $600-$799 556 13.0
    $800-$999 454 10.6
    $1,000-$1,249 496 11.6
    $1,500-$1,999 603 14.1
    Others 1685 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4590 41.9
    Employed, worked full-time 3879 35.4
    Employed, worked part-time 1438 13.1
    Unemployed, looking for work 656 6.0
    Employed, away from work 400 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 749 13.1
    Technicians & trades workers 759 13.3
    Clerical & administrative workers 966 16.9
    Machinery operators & drivers 863 15.1
    Labourers 855 15.0
    Others 1524 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 279 6.5
    Infants/Primary 1508 34.9
    Secondary 1191 27.6
    Technical or Further Educational Institution 628 14.5
    University or other Tertiary Institutions 524 12.1
    Others 187 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7924 52.5
    Semi-detached, row or terrace house, townhouse 4033 26.7
    Flat, unit or apartment 3116 20.6
    House or flat attached to a shop, office 21 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2112 45.9
    Being purchased 1563 33.9
    Fully owned 916 19.9
    Other tenure type 14 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals