Suburb Profile Report for Telopea NSW (2117)

Telopea House: Median price $1,100,000, Annual capital growth 8.79%, Number of sales 42, Weekly median advertised rent $560

Telopea Unit: Median price $566,000, Annual capital growth 4.52%, Number of sales 33, Weekly median advertised rent $450

  • 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

NSW has seen average median house prices change by -4.21% which means that Telopea, 2117 has not done well for property investors by showing a capital gain of -16.98% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Telopea has increased when compared to the 5 year average annual rate.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Telopea itself are offering an average vendor discount of -12.97% to real estate investors.

If you compare the increase in value of investment property in Telopea, 2117 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -15.90%.

Telopea,2117 was ranked 1422 in Australia by increase in median property value over the quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.83% offered to property buyers. Sellers in Telopea itself are offering an average vendor discount of -10.12% to real estate investors.

With the median price for a house in Telopea being $566000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.13%

Metrics i HOUSE UNIT
$1,100,000 $566,000
-1.57% -8.53%
-16.98% -15.90%
8.79% 4.52%
$560 $450
42 33
2.65% 4.13%
77.6086956521739 55.04

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 (U), Below average (H)
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Demographics
Total population 5176
Median household income ($/weekly) 1070
Median age of persons 38
Median housing loan repayment ($/monthly) 2119
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 538 10.4
    25-34 years 782 15.1
    35-44 years 755 14.6
    45-54 years 802 15.5
    55-64 years 596 11.5
    Others 1703 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1914 47.7
    Not Married 1897 47.3
    Defacto Relationship 198 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2662 55.0
    Croatia 581 12.0
    India 144 3.0
    Lebanon 280 5.8
    Other 311 6.4
    Others 858 17.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 294 6.2
    Christianity 2977 62.9
    Hinduism 99 2.1
    Islam 199 4.2
    No Religion 1097 23.2
    Others 67 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 214 11.4
    $400-$599 186 9.9
    $600-$799 163 8.7
    $1,500-$1,999 223 11.8
    $2,000-$2,499 150 8.0
    Others 946 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1616 39.8
    Employed, worked full-time 1562 38.5
    Employed, worked part-time 613 15.1
    Unemployed, looking for work 145 3.6
    Employed, away from work 122 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 276 12.0
    Professionals 628 27.3
    Technicians & trades workers 299 13.0
    Community & personal service workers 220 9.6
    Clerical & administrative workers 374 16.3
    Others 502 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 64 5.4
    Infants/Primary 318 26.7
    Secondary 344 28.9
    Technical or Further Educational Institution 146 12.3
    University or other Tertiary Institutions 271 22.8
    Others 47 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2459 50.9
    Semi-detached, row or terrace house, townhouse 1202 24.9
    Flat, unit or apartment 1140 23.6
    House or flat attached to a shop, office 26 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 879 43.2
    Being purchased 645 31.7
    Fully owned 495 24.3
    Other tenure type 15 0.7
    Tenure Type
Census 2011, ABS
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