Suburb Profile Report for Haymarket NSW (2000)

Haymarket Unit: Median price $1,188,000, Annual capital growth 8.72%, Number of sales 191, Weekly median advertised rent $850

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • Unit Report

Haymarket is in the TOP 20% in NSW when comparing median price capital growth over the last year. Haymarket gave property investors a very good capital gain figure when compared to the rest of the state, with 8.00%.

Taking the average capital gain, or increase in median house value, Haymarket,2000 has racked up an average of 8.00% over the period. This ranks it number 739th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Haymarket are currently offering property investors an average price cut of -4.78% below the asking price at the moment.

Information supplied by:


April 2018

M
O

W
E

Apartments go up in CBD neighbour

Postcode: 2000

Median unit price: $947,500

Stock on market: 44.8%

12-month growth: 4.1%

Located at the south end of the Sydney CBD, Haymarket is an affluent growing suburb, not just in terms of price, but also in terms of supply level.

Apartment stock went up by 44.8% in the period of January 2017-2018, likely due to the ever-increasing demand for properties in this area. Unit living has become popular recently in Sydney, and the new influx of supply could provide opportunities to homebuyers.

Haymarket houses a big part of Sydney’s Chinatown and Thaitown districts, as well as Railway Square. One of the buildings in the University of Technology is situated in this suburb, as are the Sydney Entertainment Centre and Capitol Theatre. Central railway station borders Haymarket in the south, and it is connected to Sydney’s light rail network.

Metrics i HOUSE UNIT
N/A $1,188,000
N/A -1.00%
N/A 8.00%
N/A 8.72%
N/A $850
N/A 191
N/A 3.72%
N/A 77.8196721311475

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5376
Median household income ($/weekly) 1007
Median age of persons 27
Median housing loan repayment ($/monthly) 2500
Average household size 2.6
  • Census Count Percent(%)
    15-19 years 328 6.1
    20-24 years 1363 25.4
    25-34 years 2239 41.6
    35-44 years 537 10.0
    45-54 years 278 5.2
    Others 631 11.7
    Age Group
    Census Count Percent(%)
    Not Married 2819 70.0
    Registered Married 852 21.2
    Defacto Relationship 355 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 555 12.2
    Croatia 980 21.6
    Iraq 582 12.8
    Lebanon 375 8.2
    Thailand 794 17.5
    Others 1260 27.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 1432 32.3
    Christianity 1307 29.5
    Hinduism 69 1.6
    Islam 120 2.7
    No Religion 1490 33.6
    Others 15 0.3
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 227 15.2
    $600-$799 138 9.2
    $800-$999 137 9.2
    $1,000-$1,249 163 10.9
    $1,500-$1,999 147 9.9
    Others 680 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1633 37.4
    Employed, worked full-time 1133 25.9
    Employed, worked part-time 1105 25.3
    Unemployed, looking for work 328 7.5
    Employed, away from work 169 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 453 18.8
    Technicians & trades workers 325 13.5
    Community & personal service workers 411 17.1
    Sales 271 11.2
    Labourers 344 14.3
    Others 605 25.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 74 3.5
    Secondary 59 2.8
    Technical or Further Educational Institution 422 19.9
    University or other Tertiary Institutions 1077 50.8
    Other type of educational institution 478 22.5
    Others 11 0.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4264 99.6
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 6 0.1
    Separate house 0 0.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1039 66.3
    Being purchased 286 18.3
    Fully owned 233 14.9
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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