Suburb Profile Report for Drummoyne NSW (2047)

Drummoyne House: Median price $1,810,000, Annual capital growth 5.22%, Number of sales 77, Weekly median advertised rent $850

Drummoyne Unit: Median price $1,074,000, Annual capital growth 6.58%, Number of sales 115, Weekly median advertised rent $620

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Drummoyne, 2047 ranked 1154th 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

When looking at the potential capital gains offered to property investors over the last 3 years, Drummoyne comes in at number 1228th in NSW.

Property investors looking for a bargain in Drummoyne should be aiming for at least -10.12% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Drummoyne the average time real estate has been on the market is 94.8148 days.

Over the last year, property investments in Drummoyne, 2047 have given investors a capital gain of -2.36%. This compares favourably with the -3.18% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Drummoyne comes in at number 144th in NSW.

Our latest figures would indicate that property sellers in Drummoyne are currently offering property investors an average price cut of -7.64% below the asking price at the moment.

Metrics i HOUSE UNIT
$1,810,000 $1,074,000
7.58% 6.87%
-12.35% -2.36%
5.22% 6.58%
$850 $620
77 115
2.44% 3.00%
94.8148148148148 68.5892857142857

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 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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