Suburb Profile Report for Sydenham VIC (3037)

Sydenham House: Median price $525,000, Annual capital growth 6.37%, Number of sales 90, Weekly median advertised rent $370

Sydenham Unit: Median price $338,000, Annual capital growth 4.57%, Number of sales 94, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Sydenham, 3037 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.70%.

Comparing Sydenham,3037 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sydenham, 3037. Typically our figures indicate that -2.48% is being offered, which puts this VIC suburb at 3611th most discounted overall in Australia.

Residents and property investors in Sydenham have been waiting around 32.84 days to sell a property.

Sydenham is 283th on a list of best yielding suburbs for rents in VIC with a 3.66% return

Sydenham is an average performer in VIC when comparing median price capital growth over the last year. Sydenham gave property investors a average capital gain figure when compared to the rest of the state, with 2.42%.

Sydenham,3037 has offered an average of 2.42% return per annum in house price rises to property investors over the last three years.

The most recent median price for Sydenham is $338000, with sellers offering an average of -5.08% off the asking price.

Residents and property investors in Sydenham have been waiting around 89.46 days to sell a property.

Sydenham, 3037’s gross rental yield is 5.23%

Metrics i HOUSE UNIT
$525,000 $338,000
2.94% -0.29%
11.70% 2.42%
6.37% 4.57%
$370 $340
90 94
3.66% 5.23%
32.84 89.46

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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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
Chart Table
Recent sales & rentals