Suburb Profile Report for Pagewood NSW (2035)

Pagewood House: Median price $1,800,000, Annual capital growth 7.38%, Number of sales 36, Weekly median advertised rent $840

Pagewood Unit: Median price $950,000, Annual capital growth 4.92%, Number of sales 11, Weekly median advertised rent $650

  • 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.

  • House Report
  • Unit Report

Property value increases in Pagewood have tracked higher than the NSW average of 0.15% over the last 12 months.

While Pagewood,2035 ranked number 529th in NSW for increase in median house value (annualised) increase, it is ranked 436th over the last 5 years.

At number 2263 in a list of fastest selling suburbs, Pagewood is in the bottom 40% of suburbs in Australia with an average of days on market 85.5 for properties listed there.

Using the current median advertised rental of $840 and the average annual increase in value of a median property of 7.38%, investors should hope to achieve an overall return of 2.43%

NSW has seen average median house prices change by -0.92% which means that Pagewood, 2035 has not done well for property investors by showing a capital gain of -7.77% over the last year

The five-year average increase in median property values for Pagewood,2035 has given property investors a potential capital gain of 40.74% across each of those five years.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.56%, without taking into account capital value appreciation, which has been averaging out at 4.92%.

Metrics i HOUSE UNIT
$1,800,000 $950,000
1.98% N/A
9.42% -7.77%
7.38% 4.92%
$840 $650
36 11
2.43% 3.56%
85.5 N/A

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 3642
Median household income ($/weekly) 1472
Median age of persons 41
Median housing loan repayment ($/monthly) 3000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 479 13.1
    35-44 years 547 15.0
    45-54 years 523 14.4
    55-64 years 441 12.1
    65-74 years 355 9.7
    Others 1298 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 1426 51.7
    Not Married 1192 43.2
    Defacto Relationship 141 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2254 65.4
    Hong Kong 122 3.5
    Papua New Guinea 78 2.3
    United Kingdom 132 3.8
    Other 265 7.7
    Others 597 17.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 2.7
    Christianity 2648 78.1
    Islam 50 1.5
    Judaism 128 3.8
    No Religion 431 12.7
    Others 39 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 92 8.4
    $400-$599 107 9.8
    $1,500-$1,999 110 10.1
    $2,000-$2,499 107 9.8
    $2,500-$2,999 119 10.9
    Others 558 51.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1083 38.9
    Employed, worked full-time 1048 37.6
    Employed, worked part-time 501 18.0
    Employed, away from work 81 2.9
    Unemployed, looking for work 73 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 254 15.6
    Professionals 379 23.2
    Technicians & trades workers 201 12.3
    Community & personal service workers 157 9.6
    Clerical & administrative workers 298 18.3
    Others 342 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 73 8.0
    Infants/Primary 325 35.8
    Secondary 238 26.2
    Technical or Further Educational Institution 77 8.5
    University or other Tertiary Institutions 182 20.0
    Others 14 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2867 82.2
    Flat, unit or apartment 317 9.1
    Semi-detached, row or terrace house, townhouse 299 8.6
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 525 43.1
    Being purchased 395 32.4
    Rented 295 24.2
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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