Suburb Profile Report for Cherrybrook NSW (2126)

Cherrybrook House: Median price $1,570,000, Annual capital growth 9.70%, Number of sales 168, Weekly median advertised rent $790

Cherrybrook Unit: Median price $1,060,000, Annual capital growth 9.03%, Number of sales 36, Weekly median advertised rent $640

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1283th in the list of Australian suburbs ordered by increase in median house value over the last year, Cherrybrook, 2126 is in the top 40% with a property value increase of 12.14% recorded in median house prices.

The five-year average increase in median property values for Cherrybrook,2126 has given property investors a potential capital gain of 103.76% across each of those five years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Cherrybrook itself are offering an average vendor discount of -4.55% to real estate investors.

At number 184 in a list of fastest selling suburbs, Cherrybrook is in the TOP 10% of suburbs in Australia with an average of days on market 32.41 for properties listed there.

Advertised rents are around the $790 mark per week – giving a return of 2.62% based on the median price in Suburb

Investment property in Cherrybrook 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 11.58%

Cherrybrook,2126 was ranked 806 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.27% offered to property buyers. Sellers in Cherrybrook itself are offering an average vendor discount of -4.77% to real estate investors.

At number 4 in a list of fastest selling suburbs, Cherrybrook is in the TOP 10% of suburbs in Australia with an average of days on market 17.77 for properties listed there.

The NSW suburb of Cherrybrook, 2126 is in the Hornsby local government area.

Metrics i HOUSE UNIT
$1,570,000 $1,060,000
3.26% 0.95%
12.14% 11.58%
9.70% 9.03%
$790 $640
168 36
2.62% 3.14%
32.41 17.77

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 18779
Median household income ($/weekly) 2267
Median age of persons 40
Median housing loan repayment ($/monthly) 2600
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 2651 14.1
    15-19 years 1692 9.0
    35-44 years 2452 13.1
    45-54 years 3352 17.9
    55-64 years 2511 13.4
    Others 6119 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 8788 61.2
    Not Married 5267 36.7
    Defacto Relationship 299 2.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 10078 55.3
    Croatia 683 3.7
    Indonesia 887 4.9
    United Kingdom 923 5.1
    Other 1272 7.0
    Others 4378 24.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 896 5.0
    Christianity 11913 66.8
    Hinduism 1009 5.7
    Islam 447 2.5
    No Religion 3217 18.0
    Others 347 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 575 11.1
    $2,000-$2,499 483 9.3
    $2,500-$2,999 823 15.9
    $3,000-$3,499 572 11.1
    $4,000 or more 624 12.1
    Others 2091 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6187 41.5
    Not in the labour force 4714 31.6
    Employed, worked part-time 3055 20.5
    Unemployed, looking for work 509 3.4
    Employed, away from work 431 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 1645 17.0
    Professionals 3268 33.8
    Technicians & trades workers 821 8.5
    Clerical & administrative workers 1576 16.3
    Sales 887 9.2
    Others 1472 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 348 6.1
    Infants/Primary 1613 28.1
    Secondary 1922 33.5
    Technical or Further Educational Institution 358 6.2
    University or other Tertiary Institutions 1397 24.4
    Others 98 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15611 86.8
    Semi-detached, row or terrace house, townhouse 2164 12.0
    Flat, unit or apartment 206 1.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2660 46.6
    Fully owned 2322 40.6
    Rented 666 11.7
    Other tenure type 65 1.1
    Tenure Type
Census 2011, ABS
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