Suburb Profile Report for Gordon NSW (2072)

Gordon House: Median price $2,330,000, Annual capital growth 6.53%, Number of sales 62, Weekly median advertised rent $940

Gordon Unit: Median price $883,000, Annual capital growth 2.58%, Number of sales 101, Weekly median advertised rent $580

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

Gordon, 2072 ranked 1304th in NSW when comparing growth in median property values or capital gain over the last 12 months. Gordon is one of 3163 in our list for NSW

Across a shorter period, Gordon, 2072 has seen a median price increase of -7.72% over the last quarter.

Gordon2072 is located in NSW which offers an average discount of -6.18% to property investors. Gordon itself is showing figures that indicate -8.74% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $940 mark per week – giving a return of 2.10% based on the median price in Suburb

NSW has seen average median house prices change by 1.69% which means that Gordon, 2072 has done well for property investors by showing a capital gain of -1.34% over the last year

Taking the average capital gain, or increase in median house value, Gordon,2072 has racked up an average of -1.34% over the period. This ranks it number 1086th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Gordon 2072 should be seeing an average reduction in asking price of around -5.48% . This means that Gordon is holding prices well when compared to other suburbs in NSW.

With the median price for a house in Gordon being $883000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.42%

Information supplied by:


December 2017

M
O

W
E
Gordon, on Sydney’s upper north shore, is 15km from the CBD, and was originally settled under the name “Lane Cove” in the 1820s. It is home to many heritage-listed Federation period properties, including several Arts and Crafts and Queen Anne style houses, such as the historic Eryldene, built in 1913Full summary

Housing supply goes up

Postcode: 2072

Median house price: $2,500,000

Stock on market: 55.8%

12-month growth: 22.4%

Gordon, on Sydney’s upper north shore, is 15km from the CBD, and was originally settled under the name “Lane Cove” in the 1820s. It is home to many heritage-listed Federation period properties, including several Arts and Crafts and Queen Anne style houses, such as the historic Eryldene, built in 1913. 

The median house price is currently $2.5m, up 5.0% over the past three months, and 22.4% since this time last year. Owners who bought their homes five years ago have doubled their investment, with prices having increased 100% since 2012. 

The median unit price is $878,000, down from $918,000 at this time last year.   Units in Gordon spend an average of 57 days on the market, and the number of units for sale has more than doubled in the past twelve months, with 48 units listed this year, compared to just 22 last year.  he number of houses on the market has remained fairly steady. The median advertised rent for units is $650 per week, and houses rent for an average of $1150 per week. For investors, units are proving to be the better choice, with a rental yield of 3.85%, compared to 2.39% for houses.

Close
Metrics i HOUSE UNIT
$2,330,000 $883,000
-7.72% 1.20%
-10.38% -1.34%
6.53% 2.58%
$940 $580
62 101
2.10% 3.42%
72.78 80.1

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Gordon NSW
Demographics
Total population 6591
Median household income ($/weekly) 2223
Median age of persons 41
Median housing loan repayment ($/monthly) 3000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 895 13.6
    25-34 years 587 8.9
    35-44 years 809 12.3
    45-54 years 1061 16.1
    55-64 years 806 12.2
    Others 2434 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 2875 59.2
    Not Married 1801 37.1
    Defacto Relationship 182 3.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3526 55.5
    Croatia 424 6.7
    Lebanon 290 4.6
    United Kingdom 421 6.6
    Other 459 7.2
    Others 1232 19.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 228 3.7
    Christianity 3824 62.6
    Hinduism 113 1.9
    Judaism 98 1.6
    No Religion 1707 28.0
    Others 135 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 206 10.5
    $2,000-$2,499 146 7.4
    $2,500-$2,999 315 16.0
    $3,000-$3,499 195 9.9
    $4,000 or more 279 14.2
    Others 828 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2014 38.8
    Employed, worked full-time 1827 35.2
    Employed, worked part-time 1028 19.8
    Unemployed, looking for work 189 3.6
    Employed, away from work 136 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 575 19.3
    Professionals 1264 42.3
    Community & personal service workers 220 7.4
    Clerical & administrative workers 388 13.0
    Sales 215 7.2
    Others 325 10.9
    Occupation
    Census Count Percent(%)
    Pre-school 116 5.9
    Infants/Primary 541 27.5
    Secondary 652 33.2
    Technical or Further Educational Institution 102 5.2
    University or other Tertiary Institutions 506 25.7
    Others 49 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4440 72.9
    Flat, unit or apartment 1269 20.8
    Semi-detached, row or terrace house, townhouse 375 6.2
    Caravan, cabin, houseboat 3 0.0
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 945 43.6
    Being purchased 713 32.9
    Rented 499 23.0
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals