Suburb Profile Report for Petersham NSW (2049)

Petersham House: Median price $1,442,000, Annual capital growth 8.10%, Number of sales 64, Weekly median advertised rent $767

Petersham Unit: Median price $750,000, Annual capital growth 6.38%, Number of sales 73, Weekly median advertised rent $460

  • 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

Investment property in Petersham 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 10.92%

Taking the average capital gain, or increase in median house value, Petersham,2049 has racked up an average of 10.92% over the period. This ranks it number 3760th in the whole country for real estate investors looking at median house price increases.

With the median price for a house in Petersham being $1442000 and the advertised rent reaching $767 the gross rental yield for property investors calculates out to be 2.77%

Investment property in Petersham has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.14%

Across a shorter period, Petersham, 2049 has seen a median price increase of 3.81% over the last quarter.

The most recent median price for Petersham is $750000, with sellers offering an average of -4.12% off the asking price.

Often selling an investment property can take time, and in Petersham the average time real estate has been on the market is 60.875 days.

With the median price for a house in Petersham being $750000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.19%

Metrics i HOUSE UNIT
$1,442,000 $750,000
4.87% 3.81%
10.92% 7.14%
8.10% 6.38%
$767 $460
64 73
2.77% 3.19%
N/A 60.875

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 : Good (H), Above average (U)
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Demographics
Total population 7529
Median household income ($/weekly) 1680
Median age of persons 35
Median housing loan repayment ($/monthly) 2600
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 654 8.7
    25-34 years 1669 22.2
    35-44 years 1499 19.9
    45-54 years 986 13.1
    55-64 years 746 9.9
    Others 1976 26.2
    Age Group
    Census Count Percent(%)
    Not Married 2663 48.6
    Registered Married 1909 34.8
    Defacto Relationship 907 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4846 69.1
    Japan 112 1.6
    Papua New Guinea 168 2.4
    United Kingdom 364 5.2
    Other 550 7.8
    Others 972 13.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 248 3.7
    Christianity 3571 53.1
    Hinduism 72 1.1
    Islam 78 1.2
    No Religion 2661 39.6
    Others 93 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 371 13.5
    $2,000-$2,499 226 8.2
    $2,500-$2,999 352 12.8
    $3,000-$3,499 224 8.2
    $4,000 or more 216 7.9
    Others 1351 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2976 50.2
    Not in the labour force 1404 23.7
    Employed, worked part-time 1085 18.3
    Unemployed, looking for work 255 4.3
    Employed, away from work 212 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 605 14.2
    Professionals 1641 38.4
    Technicians & trades workers 362 8.5
    Community & personal service workers 317 7.4
    Clerical & administrative workers 699 16.4
    Others 646 15.1
    Occupation
    Census Count Percent(%)
    Pre-school 111 6.7
    Infants/Primary 443 26.6
    Secondary 247 14.8
    Technical or Further Educational Institution 191 11.5
    University or other Tertiary Institutions 597 35.8
    Others 79 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2288 34.5
    Flat, unit or apartment 2190 33.0
    Semi-detached, row or terrace house, townhouse 2045 30.8
    House or flat attached to a shop, office 111 1.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1429 48.7
    Being purchased 887 30.2
    Fully owned 607 20.7
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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