Suburb Profile Report for Darlington NSW (2008)

Darlington House: Median price $1,728,500, Annual capital growth 0.32%, Number of sales 42, Weekly median advertised rent $450

Darlington Unit: Median price $975,000, Annual capital growth 3.02%, Number of sales 23, Weekly median advertised rent $685

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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Over the last year, property investments in Darlington, 2008 have given investors a capital gain of 10.26%. This compares favourably with the 8.02% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Darlington comes in at number 764th in NSW.

The most recent median price for Darlington is $1728500, with sellers offering an average of -5.18% off the asking price.

With the median price for a house in Darlington being $1728500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.44%

Over the last year, property investments in Darlington, 2008 have given investors a capital gain of 11.40%. This compares favourably with the 9.41% for NSW as a whole.

Darlington,2008 was ranked 1294 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Darlington are currently offering property investors an average price cut of 0.00% below the asking price at the moment.

Using the current median advertised rental of $685 and the average annual increase in value of a median property of 3.02%, investors should hope to achieve an overall return of 3.65%

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Considering its location only 3km south of the Sydney CBD, Darlington is remarkably affordable: the average unit price is well over $100,000 lower than neighbouring Redfern. With new redevelopment projects planned for the area and a thriving student scene, it could be an excellent long-term prospect. 

It’s a small and tightly-held suburb, as a fair proportion of its western section is taken up by the University of Sydney. The majority of properties are also terraced houses, with only around one-third of properties being units. As a result, supply has been tight in the past, but new residential developments are beginning to spring up – including the massive Central Park multi-purpose development on the site of the old Carlton & United brewery. 

While this development is a welcome addition to the suburb, it’s not short of amenities in the first place. As you’d expect from an suburb in Sydney's inner west, there are a wide range of bars, cafes, stores and restaurants. The plentiful amenities of Newtown and Redfern are also within easy reach, and access to the city is provided by Redfern railway station and buses – but it’s also only a short walk to Central station. 

It’s a prime suburb in terms of demographics. The suburb is popular with young professionals and students alike, due to its proximity to the city, universities and hospitals. Incomes are also significantly higher than the Sydney average at an estimated $2,036pw. 

Darlington’s relative affordability and prime location suggests that it will remain an excellent long-term investment destination. 

Metrics i HOUSE UNIT
$1,728,500 $975,000
2.38% 2.38%
10.26% 11.40%
0.32% 3.02%
$450 $685
42 23
5.44% 3.31%
51.3440860215054 0

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2244
Median household income ($/weekly) 1738
Median age of persons 28
Median housing loan repayment ($/monthly) 2600
Average household size 2.3
  • Census Count Percent(%)
    15-19 years 164 7.3
    20-24 years 529 23.6
    25-34 years 610 27.2
    35-44 years 332 14.8
    45-54 years 208 9.3
    Others 400 17.8
    Age Group
    Census Count Percent(%)
    Not Married 1071 65.3
    Registered Married 284 17.3
    Defacto Relationship 284 17.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1269 62.7
    Croatia 97 4.8
    Papua New Guinea 64 3.2
    United Kingdom 97 4.8
    Other 154 7.6
    Others 344 17.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 101 5.3
    Christianity 615 32.5
    Hinduism 26 1.4
    Islam 46 2.4
    No Religion 1082 57.2
    Others 21 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 53 7.5
    $1,500-$1,999 87 12.4
    $2,000-$2,499 63 9.0
    $2,500-$2,999 81 11.5
    $3,000-$3,499 65 9.3
    Others 353 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 806 42.3
    Not in the labour force 504 26.5
    Employed, worked part-time 413 21.7
    Unemployed, looking for work 117 6.1
    Employed, away from work 64 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 127 9.9
    Professionals 517 40.3
    Community & personal service workers 153 11.9
    Clerical & administrative workers 187 14.6
    Sales 118 9.2
    Others 182 14.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 51 6.0
    Secondary 28 3.3
    Technical or Further Educational Institution 57 6.7
    University or other Tertiary Institutions 649 76.7
    Other type of educational institution 44 5.2
    Others 17 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 1383 76.5
    Flat, unit or apartment 307 17.0
    Separate house 105 5.8
    House or flat attached to a shop, office 12 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 468 60.5
    Being purchased 186 24.0
    Fully owned 117 15.1
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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