Suburb Profile Report for Abbotsford NSW (2046)

Abbotsford House: Median price $2,500,000, Annual capital growth 9.11%, Number of sales 26, Weekly median advertised rent $850

Abbotsford Unit: Median price $1,100,000, Annual capital growth 6.92%, Number of sales 68, Weekly median advertised rent $650

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

Investment property in Abbotsford has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.94%

A 80.51% growth in median value for property investors in Abbotsford,2046 puts this suburb at number 190th in terms of best performing suburbs in NSW

At number 325th of NSW’s most discounted properties, Abbotsford is in the bottom 30% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.

Property investors should expect to get $850 weekly from the median priced house in this suburb.

Giving property investors a an unimpressive capital gain of -2.22% for the last year, Abbotsford, 2046 is the 1167th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Abbotsford has given property investors a paper return of -6.58%. This puts Suburb as 495 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Abbotsford are currently offering property investors an average price cut of -8.61% below the asking price at the moment.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.07%, without taking into account capital value appreciation, which has been averaging out at 6.92%.

Guilmar Perez Information supplied by:

Guilmar Perez
Ironfish

M 02 9745 6881
O 0425 326 248

W www.ironfish.com.au
E guilmar.perez@ironfish.com.au
Abbotsford is conveniently located within ten minutes of Sydney's central business district with great transport links and two distinct precincts to suit all your needs. It is one of the inner west's most child-friendly places to live.

With thirteen parks and reserves; nine childcare centres and preschools; one public school; one catholic primary school; one special needs school and two private secondary schools; a fabulous modern library; and, plenty of child specific retailers and service providers, who wouldn't want to live in Abbotsford.  Full summary
Abbotsford is conveniently located within ten minutes of Sydney's central business district with great transport links and two distinct precincts to suit all your needs. It is one of the inner west's most child-friendly places to live.
 
With thirteen parks and reserves; nine childcare centres and preschools; one public school; one catholic primary school; one special needs school and two private secondary schools; a fabulous modern library; and, plenty of child specific retailers and service providers, who wouldn't want to live in Abbotsford.  
 
Selling points: Close to city, great array of cafes, family friendly, close to bay-run, abundance of parks and foreshore walks nearby. Recommended for professionals, singles, families with kids and retirees
 
Most sought-after properties: Houses and Apartments
 
Most common properties:  
Houses
 
Top amenities: 
With multiple gyms of various types and affordable Golf course. Abbotsford is also one of the only Inner West Suburbs with a full compliment of all the big 4 banks. 
 
Local industry and business: You are investing in a NSW success story. Under the City of Canada Bay population is 81,000 and growing at a rate of 3% a year – that’s faster than any other local government area in NSW. 
 
Local employment is trending upwards and the City boasts a diverse and vibrant economy with strong economic outlook.
 
The City of Canada Bay is intent on attracting investors and entrepreneurs who will contribute to our sustainable future and benefit from our fast growing population and well placed business precincts.
 
Recent changes: Many houses now being renovated are now enjoying a rebirth of style and elegance! get in soon before prices go up
 
Best streets: Walton Crescent superb area with water views
 
Public transport: Close to all public transport
 
Main arteries: Great North Road and Lyons Road
 
Close
Metrics i HOUSE UNIT
$2,500,000 $1,100,000
4.82% -6.58%
14.94% -2.22%
9.11% 6.92%
$850 $650
26 68
1.77% 3.07%
72.7 76.91

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Abbotsford NSW
Demographics
Total population 5112
Median household income ($/weekly) 1727
Median age of persons 41
Median housing loan repayment ($/monthly) 3000
Average household size 2.3
  • Census Count Percent(%)
    25-34 years 784 15.3
    35-44 years 796 15.6
    45-54 years 726 14.2
    55-64 years 702 13.7
    65-74 years 464 9.1
    Others 1640 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 1988 49.6
    Not Married 1637 40.9
    Defacto Relationship 382 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3363 69.3
    Croatia 112 2.3
    Japan 307 6.3
    United Kingdom 236 4.9
    Other 207 4.3
    Others 628 12.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 92 1.9
    Christianity 3525 74.7
    Islam 44 0.9
    Judaism 31 0.7
    No Religion 984 20.8
    Others 44 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 152 8.0
    $1,500-$1,999 201 10.5
    $2,000-$2,499 149 7.8
    $2,500-$2,999 255 13.4
    $4,000 or more 213 11.2
    Others 940 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1817 44.3
    Not in the labour force 1376 33.5
    Employed, worked part-time 642 15.6
    Employed, away from work 168 4.1
    Unemployed, looking for work 103 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 532 20.3
    Professionals 853 32.5
    Technicians & trades workers 228 8.7
    Clerical & administrative workers 422 16.1
    Sales 218 8.3
    Others 371 14.1
    Occupation
    Census Count Percent(%)
    Pre-school 83 8.5
    Infants/Primary 296 30.3
    Secondary 231 23.6
    Technical or Further Educational Institution 83 8.5
    University or other Tertiary Institutions 255 26.1
    Others 29 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2043 42.3
    Separate house 1970 40.8
    Semi-detached, row or terrace house, townhouse 814 16.8
    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(%)
    Rented 794 38.4
    Fully owned 720 34.8
    Being purchased 541 26.2
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals