Suburb Profile Report for Five Dock NSW (2046)

Five Dock House: Median price $1,577,500, Annual capital growth 7.06%, Number of sales 80, Weekly median advertised rent $780

Five Dock Unit: Median price $835,000, Annual capital growth 5.15%, Number of sales 60, Weekly median advertised rent $600

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Property value increases in Five Dock have tracked just lower than the NSW average of -4.21% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Five Dock has increased when compared to the 5 year average annual rate.

At number 3280 in a list of fastest selling suburbs, Five Dock is in the bottom 10% of suburbs in Australia with an average of days on market 117.719 for properties listed there.

Property value increases in Five Dock have tracked just lower than the NSW average of -4.02% over the last 12 months.

Across a shorter period, Five Dock, 2046 has seen a median price increase of -2.34% over the last quarter.

Property investors looking for a bargain in Five Dock should be aiming for at least -4.68% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $600 mark per week – giving a return of 3.74% based on the median price in Suburb

Information supplied by:


April 2019

M
O

W
E

Property supply is up

Postcode: 2046

Median house price: $1,724,000

Stock on market: 27.9%

12-month growth: -4.2%

Just 10km from the Sydney CBD, the suburb of Five Dock can be found near the foot of the Drummoyne Peninsula. It is bordered by Parramatta Road and the City West Link Road.

There are several schools in this area, such as All Hallows’ Parish School, Domremy College, Five Dock Public School and Rosebank College. It’s a great spot for families with children, as both work and education are within close reach. Shops and restaurants line the Great North Road, while those who prefer the wonders of nature can enjoy strolling along the Parramatta River foreshore. A cycling trail has been laid out here as well.

Housing stock increased from 25 to 29 while unit supply went from 18 to 26 in the 12 months to February 2019. However, house values have already begun to fall.

Metrics i HOUSE UNIT
$1,577,500 $835,000
-1.41% -2.34%
-11.62% -8.24%
7.06% 5.15%
$780 $600
80 60
2.57% 3.74%
117.71875 90.95

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Five Dock NSW
Demographics
Total population 8747
Median household income ($/weekly) 1706
Median age of persons 39
Median housing loan repayment ($/monthly) 2800
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 916 10.5
    25-34 years 1333 15.2
    35-44 years 1567 17.9
    45-54 years 1230 14.1
    55-64 years 874 10.0
    Others 2827 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 3366 49.9
    Not Married 2793 41.4
    Defacto Relationship 588 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5519 66.1
    Japan 860 10.3
    Papua New Guinea 181 2.2
    United Kingdom 324 3.9
    Other 375 4.5
    Others 1085 13.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 195 2.4
    Christianity 6292 77.6
    Hinduism 61 0.8
    Islam 91 1.1
    No Religion 1389 17.1
    Others 82 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 360 11.7
    $2,000-$2,499 255 8.3
    $2,500-$2,999 385 12.5
    $3,000-$3,499 274 8.9
    $4,000 or more 273 8.9
    Others 1530 49.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3087 45.1
    Not in the labour force 2124 31.0
    Employed, worked part-time 1190 17.4
    Employed, away from work 271 4.0
    Unemployed, looking for work 174 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 858 18.9
    Professionals 1323 29.1
    Technicians & trades workers 469 10.3
    Clerical & administrative workers 794 17.5
    Sales 407 8.9
    Others 698 15.3
    Occupation
    Census Count Percent(%)
    Pre-school 155 8.6
    Infants/Primary 617 34.2
    Secondary 422 23.4
    Technical or Further Educational Institution 149 8.3
    University or other Tertiary Institutions 387 21.4
    Others 75 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4712 56.4
    Flat, unit or apartment 2399 28.7
    Semi-detached, row or terrace house, townhouse 1207 14.4
    House or flat attached to a shop, office 42 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1128 34.2
    Rented 1105 33.5
    Being purchased 1046 31.7
    Other tenure type 23 0.7
    Tenure Type
Census 2011, ABS
Chart Table