Suburb Profile Report for Epping NSW (2121)

Epping House: Median price $1,500,000, Annual capital growth 7.37%, Number of sales 150, Weekly median advertised rent $690

Epping Unit: Median price $750,000, Annual capital growth 4.64%, Number of sales 260, Weekly median advertised rent $550

  • 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.

  • Expert Report
  • House Report
  • Unit Report

Property value increases in Epping have tracked just lower than the NSW average of -4.21% over the last 12 months.

Epping,2121 has offered an average of -11.24% return per annum in house price rises to property investors over the last three years.

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 Epping, 2121. Typically our figures indicate that -8.51% is being offered, which puts this NSW suburb at 693th most discounted overall in Australia.

Using the current median advertised rental of $690 and the average annual increase in value of a median property of 7.37%, investors should hope to achieve an overall return of 2.39%

Property investors who have had real estate in Epping, 2121 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.91%

A 3.73% growth in median value for property investors in Epping,2121 puts this suburb at number 341th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Epping should be aiming for at least -6.34% off the asking price, which is the average vendor discount being achieved at the moment.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 4.64%.

Information supplied by:




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Epping, NSW – Unit stock is up

Postcode: 2121

Median unit price: $800,000

Stock on market: 33.7%

12-month growth: -5.9%

A remarkable growth suburb of Sydney for property investment, Epping is located just 18km northwest of the capital’s CBD and is part of the Northern Suburbs region. In this area, unit supply soared from 158 in June 2018 to 215 after 12 months.

For future infrastructure considerations, Epping is a contender to house the first store of the German supermarket chain Kaufland in Australia. There’s also a Coles supermarket along with small local stores. Restaurants are scattered near the railway station. Students from Macquarie University often flock to the Epping RSL Club for recreation. All these factors making Epping a hot area for investment.

Epping station connects the Northern Line of the Sydney Trains network to the Central Coast and Newcastle Line of the NSW Trainlink and the Sydney Metro Northwest.

Metrics i HOUSE UNIT
$1,500,000 $750,000
3.02% -2.60%
-11.24% -9.91%
7.37% 4.64%
$690 $550
150 260
2.39% 3.81%
77.8490566037736 94.2439024390244

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 : Balanced (H), Balanced (U)
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Demographics
Total population 20226
Median household income ($/weekly) 1683
Median age of persons 38
Median housing loan repayment ($/monthly) 2286
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 2329 11.5
    25-34 years 2705 13.4
    35-44 years 2636 13.0
    45-54 years 3170 15.7
    55-64 years 2480 12.3
    Others 6907 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 8835 54.8
    Not Married 6704 41.6
    Defacto Relationship 590 3.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 10021 51.1
    Croatia 2360 12.0
    India 1240 6.3
    Lebanon 1331 6.8
    Other 961 4.9
    Others 3703 18.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 1063 5.6
    Christianity 11115 58.4
    Hinduism 1001 5.3
    Islam 230 1.2
    No Religion 5418 28.5
    Others 202 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 763 11.9
    $2,000-$2,499 544 8.5
    $2,500-$2,999 791 12.3
    $3,000-$3,499 503 7.8
    $4,000 or more 603 9.4
    Others 3209 50.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6547 39.8
    Not in the labour force 5814 35.4
    Employed, worked part-time 3012 18.3
    Unemployed, looking for work 646 3.9
    Employed, away from work 422 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1361 13.6
    Professionals 3959 39.7
    Technicians & trades workers 813 8.1
    Clerical & administrative workers 1629 16.3
    Sales 774 7.8
    Others 1447 14.5
    Occupation
    Census Count Percent(%)
    Pre-school 297 5.0
    Infants/Primary 1450 24.5
    Secondary 1607 27.1
    Technical or Further Educational Institution 435 7.3
    University or other Tertiary Institutions 1991 33.6
    Others 140 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13414 68.6
    Flat, unit or apartment 4315 22.1
    Semi-detached, row or terrace house, townhouse 1807 9.2
    House or flat attached to a shop, office 27 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2819 40.3
    Being purchased 2084 29.8
    Rented 2044 29.2
    Other tenure type 52 0.7
    Tenure Type
Census 2011, ABS
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