Suburb Profile Report for Girraween NSW (2145)

Girraween House: Median price $940,000, Annual capital growth 9.32%, Number of sales 56, Weekly median advertised rent $480

Girraween Unit: Median price $705,000, Annual capital growth 9.09%, Number of sales 64, Weekly median advertised rent $475

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 8.05% for the last 12 months, Girraween, 2145 has performed for property investments than its average annual 9.32% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Girraween comes in at number 810th in NSW.

Girraween2145 is located in NSW which offers an average discount of -5.24% to property investors. Girraween itself is showing figures that indicate -5.54% is the average achievable by property buyers investing in the suburb.

At number 883 in a list of fastest selling suburbs, Girraween is in the bottom 30% of suburbs in Australia with an average of days on market 83.21 for properties listed there.

Property investors should expect to get $480 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Girraween, 2145 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.08%.

If we look at median property appreciation over just the last three months, Girraween has given property investors a paper return of 0.72%. This puts Suburb as 296 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Girraween 2145 should be seeing an average reduction in asking price of around -2.79% . This means that Girraween is holding prices well when compared to other suburbs in NSW.

With the median price for a house in Girraween being $705000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 3.50%

Metrics i HOUSE UNIT
$940,000 $705,000
0.53% 0.72%
8.05% 5.08%
9.32% 9.09%
$480 $475
56 64
2.66% 3.50%
83.21 23.53

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4691
Median household income ($/weekly) 1315
Median age of persons 35
Median housing loan repayment ($/monthly) 2150
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 686 14.6
    25-34 years 718 15.3
    35-44 years 756 16.1
    45-54 years 643 13.7
    55-64 years 442 9.4
    Others 1447 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 1984 57.5
    Not Married 1329 38.5
    Defacto Relationship 139 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2093 46.6
    Indonesia 743 16.6
    Netherlands 168 3.7
    Sri Lanka 463 10.3
    Other 275 6.1
    Others 745 16.6
    Country of Birth
    Census Count Percent(%)
    Christianity 2349 53.1
    Hinduism 1293 29.2
    Islam 211 4.8
    Other Religious Groups 120 2.7
    No Religion 361 8.2
    Others 92 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 150 10.5
    $1,250-$1,499 133 9.3
    $1,500-$1,999 204 14.2
    $2,000-$2,499 152 10.6
    $2,500-$2,999 131 9.1
    Others 663 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1431 41.1
    Not in the labour force 1289 37.1
    Employed, worked part-time 506 14.5
    Unemployed, looking for work 146 4.2
    Employed, away from work 106 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 184 9.0
    Professionals 474 23.3
    Technicians & trades workers 284 13.9
    Clerical & administrative workers 393 19.3
    Sales 174 8.5
    Others 528 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 85 7.1
    Infants/Primary 440 36.9
    Secondary 304 25.5
    Technical or Further Educational Institution 128 10.7
    University or other Tertiary Institutions 195 16.3
    Others 41 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2667 58.8
    Semi-detached, row or terrace house, townhouse 1519 33.5
    Flat, unit or apartment 350 7.7
    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 582 37.7
    Fully owned 504 32.6
    Rented 450 29.1
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals