Suburb Profile Report for Mount Druitt NSW (2770)

Mount Druitt House: Median price $675,000, Annual capital growth 8.55%, Number of sales 99, Weekly median advertised rent $430

Mount Druitt Unit: Median price $438,750, Annual capital growth 7.32%, Number of sales 168, Weekly median advertised rent $350

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

At number 3018th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Druitt, 2770 is in the BOTTOM 30% with a property value increase of -1.17% recorded in median house prices.

Across a shorter period, Mount Druitt, 2770 has seen a median price increase of -0.74% over the last quarter.

Sellers are offering property buyers an average discount of -7.19% to buyers in Mount Druitt at the moment, which is less than average for the rest of NSW.

The NSW suburb of Mount Druitt, 2770 is in the Blacktown local government area.

Mount Druitt, 2770 ranked 152th in NSW when comparing growth in median property values or capital gain over the last 12 months. Mount Druitt is one of 3163 in our list for NSW

Across a shorter period, Mount Druitt, 2770 has seen a median price increase of 1.56% over the last quarter.

Mount Druitt, 2770 is offering NSW ‘s 168th 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 NSW.

The NSW suburb of Mount Druitt, 2770 is in the Blacktown local government area.

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February 2018

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Named for original landowner Major George Druitt, the suburb of Mount Druitt has been undergoing redevelopment to maximise its excellent amenities, including a hospital, shopping centre, train station and schoolsFull summary

Affordable suburb sustains demand

Postcode: 2770

Median unit price: $425,000

Three-year growth: 34.9%

Rental yield: 4.3%

Named for original landowner Major George Druitt, the suburb of Mount Druitt has been undergoing redevelopment to maximise its excellent amenities, including a hospital, shopping centre, train station and schools.

Given its distance from the Sydney CBD, the suburb is quite affordable, with the median unit price coming in at $425,000. Even with the low prices, Mount Druitt has recorded steady growth over the past five years, with an average annual growth rate of 7%. Rental returns are reasonable at an average of 4.3%, which could be attractive for investors looking for a cheaper investment in NSW.

Sellers benefit from the strong conditions in this suburb – apartments spend an average of just 44 days on the market before being sold. They sell at good prices as well – the average discount rate is just 4%.

Close
Metrics i HOUSE UNIT
$675,000 $438,750
-0.74% 1.56%
-1.17% 7.01%
8.55% 7.32%
$430 $350
99 168
3.31% 4.15%
68.68 47.65

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Mount Druitt NSW
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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