Suburb Profile Report for Padstow NSW (2211)

Padstow House: Median price $993,000, Annual capital growth 8.25%, Number of sales 206, Weekly median advertised rent $580

Padstow Unit: Median price $651,000, Annual capital growth 6.54%, Number of sales 46, Weekly median advertised rent $480

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

Padstow, 2211 ranked 1297th in NSW when comparing growth in median property values or capital gain over the last 12 months. Padstow is one of 3163 in our list for NSW

Across a shorter period, Padstow, 2211 has seen a median price increase of -1.93% over the last quarter.

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 Padstow, 2211. Typically our figures indicate that -7.93% is being offered, which puts this NSW suburb at 1355th most discounted overall in Australia.

Padstow, 2211’s gross rental yield is 3.04%

With a capital gain of -16.27% for the last 12 months, Padstow, 2211 has performed for property investments than its average annual 6.54% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Padstow has given property investors a paper return of -1.36%. This puts Suburb as 407 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -9.21% to buyers in Padstow at the moment, which is less than average for the rest of NSW.

With the median price for a house in Padstow being $651000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.83%

Information supplied by:


January 2018

M
O

W
E
Bounded by Salt Pan Creek and the M5 motorway, the suburb of Padstow is a highly accessible suburb just 22km from the Sydney CBDFull summary

Accessibility draws unit buyers

Postcode: 2211

Median unit price: $777,500

Three-year growth: 46.7%

Rental yield: 3.3%

Bounded by Salt Pan Creek and the M5 motorway, the suburb of Padstow is a highly accessible suburb just 22km from the Sydney CBD.

The unit market here has seen significant growth over the past five years, with an average annual growth rate of 7.8% leading up to November 2017. Apartments spent an average of just 53 days on the market, indicating considerable demand from buyers.

Padstow has many amenities, including several public schools, a private primary school and a special needs school. A shopping centre is located near the local railway station and several shops scattered throughout the suburb. Padstow station is a stop along the Sydney Trains Airport, Inner West and South Line. There are also several buses linking to Bankstown, Milperra and Parramatta.

Close
Metrics i HOUSE UNIT
$993,000 $651,000
-1.93% -1.36%
-7.28% -16.27%
8.25% 6.54%
$580 $480
206 46
3.04% 3.83%
47.41 59

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Padstow NSW
Demographics
Total population 12716
Median household income ($/weekly) 1272
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1521 12.0
    25-34 years 1654 13.0
    35-44 years 1682 13.2
    45-54 years 1961 15.4
    55-64 years 1492 11.7
    Others 4406 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 5001 51.0
    Not Married 4290 43.7
    Defacto Relationship 519 5.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 7876 65.0
    Croatia 712 5.9
    Malaysia 257 2.1
    Viet Nam 468 3.9
    Other 593 4.9
    Others 2205 18.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 699 5.9
    Christianity 8403 71.0
    Hinduism 211 1.8
    Islam 610 5.2
    No Religion 1799 15.2
    Others 118 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 385 9.6
    $1,000-$1,249 351 8.7
    $1,250-$1,499 346 8.6
    $1,500-$1,999 460 11.4
    $2,000-$2,499 440 10.9
    Others 2048 50.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3932 39.5
    Not in the labour force 3729 37.5
    Employed, worked part-time 1589 16.0
    Employed, away from work 376 3.8
    Unemployed, looking for work 322 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 631 10.7
    Professionals 1174 19.9
    Technicians & trades workers 871 14.8
    Clerical & administrative workers 1172 19.9
    Sales 539 9.1
    Others 1507 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 172 5.9
    Infants/Primary 969 33.4
    Secondary 838 28.9
    Technical or Further Educational Institution 291 10.0
    University or other Tertiary Institutions 552 19.1
    Others 75 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9117 74.6
    Semi-detached, row or terrace house, townhouse 2175 17.8
    Flat, unit or apartment 835 6.8
    House or flat attached to a shop, office 95 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1635 37.7
    Being purchased 1501 34.6
    Rented 1174 27.1
    Other tenure type 29 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals