Suburb Profile Report for Sydenham VIC (3037)

Sydenham House: Median price $507,500, Annual capital growth 6.45%, Number of sales 92, Weekly median advertised rent $370

Sydenham Unit: Median price $339,000, Annual capital growth 4.78%, Number of sales 98, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 13.66% for the last 12 months, Sydenham, 3037 has performed for property investments than its average annual 6.45% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Sydenham has given property investors a paper return of 1.30%. This puts Suburb as 431 on a list of fastest fasting appreciating suburbs in VIC

Sydenham, 3037 is offering VIC ‘s 214th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.

Situated 21.01km from the CBD, Sydenham is one of Brimbank localities in the postcode 3037.

At number 647th in the list of Australian suburbs ordered by increase in median house value over the last year, Sydenham, 3037 is in the top 40% with a property value increase of 5.61% recorded in median house prices.

Over the longer term, Sydenham has seen property prices show investors a 14.92% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Sydenham 3037 should be seeing an average reduction in asking price of around -5.56% . This means that Sydenham is holding prices well when compared to other suburbs in VIC.

In the last year 98 properties changed hands in Sydenham, which puts it as the 89th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Sydenham, 3037 is in the Brimbank local government area.

Metrics i HOUSE UNIT
$507,500 $339,000
1.30% -0.29%
13.66% 5.61%
6.45% 4.78%
$370 $340
92 98
3.79% 5.22%
48.05 90.33

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10323
Median household income ($/weekly) 1419
Median age of persons 31
Median housing loan repayment ($/monthly) 1625
Average household size 3
  • Census Count Percent(%)
    5-14 years 1509 14.6
    20-24 years 824 8.0
    25-34 years 1796 17.4
    35-44 years 1705 16.5
    45-54 years 1414 13.7
    Others 3075 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 3807 52.1
    Not Married 3037 41.6
    Defacto Relationship 458 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5644 58.2
    Egypt 182 1.9
    Indonesia 1071 11.1
    Philippines 309 3.2
    Other 691 7.1
    Others 1795 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 426 4.5
    Christianity 6498 68.4
    Islam 490 5.2
    Other Religious Groups 493 5.2
    No Religion 1163 12.2
    Others 433 4.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 286 10.0
    $1,250-$1,499 291 10.2
    $1,500-$1,999 484 17.0
    $2,000-$2,499 347 12.2
    $2,500-$2,999 260 9.1
    Others 1180 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3204 43.4
    Not in the labour force 2058 27.9
    Employed, worked part-time 1457 19.7
    Employed, away from work 331 4.5
    Unemployed, looking for work 328 4.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 742 14.8
    Technicians & trades workers 758 15.2
    Clerical & administrative workers 855 17.1
    Sales 526 10.5
    Labourers 569 11.4
    Others 1547 31.0
    Occupation
    Census Count Percent(%)
    Pre-school 178 6.6
    Infants/Primary 935 34.9
    Secondary 783 29.2
    Technical or Further Educational Institution 247 9.2
    University or other Tertiary Institutions 405 15.1
    Others 129 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7337 76.6
    Flat, unit or apartment 1758 18.4
    Semi-detached, row or terrace house, townhouse 477 5.0
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1414 45.9
    Rented 897 29.1
    Fully owned 760 24.7
    Other tenure type 12 0.4
    Tenure Type
Census 2011, ABS
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