Suburb Profile Report for Wahroonga NSW (2076)

Wahroonga House: Median price $1,850,000, Annual capital growth 7.97%, Number of sales 170, Weekly median advertised rent $900

Wahroonga Unit: Median price $795,000, Annual capital growth 4.58%, Number of sales 49, Weekly median advertised rent $580

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

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

  • Expert Report
  • House Report
  • Unit Report

Wahroonga has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.94% to date .

Over the longer term, Wahroonga has seen property prices show investors a 11.38% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wahroonga, 2076. Typically our figures indicate that -7.10% is being offered, which puts this NSW suburb at 1363th most discounted overall in Australia.

Residents and property investors in Wahroonga have been waiting around 84.625 days to sell a property.

With the median price for a house in Wahroonga being $1850000 and the advertised rent reaching $900 the gross rental yield for property investors calculates out to be 2.53%

At number 794th in the list of Australian suburbs ordered by increase in median house value over the last year, Wahroonga, 2076 is in the BOTTOM 50% with a property value increase of -2.69% recorded in median house prices.

Wahroonga,2076 has offered an average of -2.69% return per annum in house price rises to property investors over the last three years.

At number 7th of NSW’s most discounted properties, Wahroonga is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $580 mark per week – giving a return of 3.79% based on the median price in Suburb

Information supplied by:


April 2017

M
O

W
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Homey suburb sees supply drop
Median unit price: $808,000
Stock on market: -45.30%
12-month growth: 4.26%

Named with an Aboriginal word that translates to “our home,” Wahroonga is a commercial hub that has been seeing steady growth with limited supply.

Prices rose by 4.3% over the past 12 months following a consistent growth period of five years. The current annual average growth rate is a strong 5.4%, and the average discount rate offered hovers at 5%. The amount of supply on the market decreased by -45.3% over the past 12 months, reflecting the trend displayed by many capitals recently. This could have had a prominent effect on its growth.

Wahroonga is populated by many shopping villages that house restaurants. The suburb is also the site of the Sydney Adventist Hospital. The second-oldest national park in the country, Ku-ring-gai Chase National Park, is located in Wahroonga.

Commuters can reach Sydney via train from Wahroonga Station. The suburb is also connected to Newcastle via the Sydney end of the M1.

Metrics i HOUSE UNIT
$1,850,000 $795,000
2.78% -3.34%
-2.94% -2.69%
7.97% 4.58%
$900 $580
170 49
2.53% 3.79%
84.625 91.2647058823529

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. 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 16725
Median household income ($/weekly) 2381
Median age of persons 41
Median housing loan repayment ($/monthly) 3000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2462 14.7
    35-44 years 2165 12.9
    45-54 years 2550 15.2
    55-64 years 1915 11.4
    65-74 years 1395 8.3
    Others 6240 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 7196 60.9
    Not Married 4182 35.4
    Defacto Relationship 445 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 10586 65.7
    Croatia 459 2.8
    South Africa 524 3.3
    United Kingdom 1262 7.8
    Other 806 5.0
    Others 2472 15.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 333 2.1
    Christianity 11234 72.2
    Hinduism 284 1.8
    Other Religious Groups 159 1.0
    No Religion 3344 21.5
    Others 197 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 451 9.6
    $2,000-$2,499 389 8.2
    $2,500-$2,999 789 16.7
    $3,000-$3,499 496 10.5
    $4,000 or more 678 14.4
    Others 1917 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4849 37.9
    Not in the labour force 4612 36.1
    Employed, worked part-time 2583 20.2
    Employed, away from work 391 3.1
    Unemployed, looking for work 343 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 1505 19.2
    Professionals 2992 38.2
    Community & personal service workers 625 8.0
    Clerical & administrative workers 1165 14.9
    Sales 585 7.5
    Others 954 12.2
    Occupation
    Census Count Percent(%)
    Pre-school 328 6.5
    Infants/Primary 1604 31.8
    Secondary 1604 31.8
    Technical or Further Educational Institution 236 4.7
    University or other Tertiary Institutions 1168 23.1
    Others 106 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12797 84.5
    Flat, unit or apartment 1553 10.3
    Semi-detached, row or terrace house, townhouse 794 5.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2198 41.9
    Being purchased 2087 39.8
    Rented 880 16.8
    Other tenure type 80 1.5
    Tenure Type
Census 2011, ABS
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