Suburb Profile Report for Drummoyne NSW (2047)

Drummoyne House: Median price $1,675,000, Annual capital growth 7.22%, Number of sales 71, Weekly median advertised rent $860

Drummoyne Unit: Median price $1,000,000, Annual capital growth 5.96%, Number of sales 105, Weekly median advertised rent $625

  • 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.

  • House Report
  • Unit Report

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

While Drummoyne,2047 ranked number 1131th in NSW for increase in median house value (annualised) increase, it is ranked 1016th over the last 5 years.

Vendor discounting in Drummoyne is giving property investors an average Vendor Discount of around -10.16%. This puts suburb at number 69th in NSW when ranking the most discounted suburbs.

The NSW suburb of Drummoyne, 2047 is in the Canada Bay (A) local government area.

Drummoyne, 2047 ranked 387th in NSW when comparing growth in median property values or capital gain over the last 12 months. Drummoyne is one of 3163 in our list for NSW

Across a shorter period, Drummoyne, 2047 has seen a median price increase of 0.00% over the last quarter.

Property buyers and investors in Drummoyne 2047 should be seeing an average reduction in asking price of around -5.85% . This means that Drummoyne is holding prices well when compared to other suburbs in NSW.

Drummoyne, 2047’s gross rental yield is 3.25%

Metrics i HOUSE UNIT
$1,675,000 $1,000,000
-5.37% 0.00%
-22.27% -10.31%
7.22% 5.96%
$860 $625
71 105
2.67% 3.25%
86.6071428571429 72.828125

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 : Above average (H), Above average (U)
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Demographics
Total population 11377
Median household income ($/weekly) 2148
Median age of persons 39
Median housing loan repayment ($/monthly) 2760
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 998 8.8
    25-34 years 1980 17.4
    35-44 years 1994 17.5
    45-54 years 1466 12.9
    55-64 years 1309 11.5
    Others 3631 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 3895 46.8
    Not Married 3337 40.1
    Defacto Relationship 1083 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7388 70.4
    Japan 302 2.9
    Papua New Guinea 292 2.8
    United Kingdom 571 5.4
    Other 454 4.3
    Others 1480 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 239 2.3
    Christianity 7379 72.4
    Hinduism 97 1.0
    Islam 103 1.0
    No Religion 2278 22.3
    Others 100 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 448 11.1
    $2,000-$2,499 318 7.9
    $2,500-$2,999 709 17.5
    $3,000-$3,499 346 8.6
    $4,000 or more 537 13.3
    Others 1688 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4237 48.6
    Not in the labour force 2455 28.2
    Employed, worked part-time 1499 17.2
    Employed, away from work 319 3.7
    Unemployed, looking for work 211 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1344 22.2
    Professionals 2184 36.1
    Technicians & trades workers 414 6.8
    Clerical & administrative workers 889 14.7
    Sales 490 8.1
    Others 734 12.1
    Occupation
    Census Count Percent(%)
    Pre-school 187 8.7
    Infants/Primary 674 31.4
    Secondary 452 21.0
    Technical or Further Educational Institution 177 8.2
    University or other Tertiary Institutions 574 26.7
    Others 85 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4451 43.8
    Flat, unit or apartment 3965 39.0
    Semi-detached, row or terrace house, townhouse 1720 16.9
    House or flat attached to a shop, office 21 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1584 36.2
    Fully owned 1474 33.7
    Being purchased 1295 29.6
    Other tenure type 27 0.6
    Tenure Type
Census 2011, ABS
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