Suburb Profile Report for Northmead NSW (2152)

Northmead House: Median price $1,105,044, Annual capital growth 9.33%, Number of sales 84, Weekly median advertised rent $523

Northmead Unit: Median price $629,000, Annual capital growth 6.24%, Number of sales 116, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 7.29% for the last year, Northmead, 2152 is the 1779th highest performer in Australia in this respect.

While Northmead,2152 ranked number 1012th in NSW for increase in median house value (annualised) increase, it is ranked 197th over the last 5 years.

Vendor discounting in Northmead is giving property investors an average Vendor Discount of around -6.04%. This puts suburb at number 381th in NSW when ranking the most discounted suburbs.

With the median price for a house in Northmead being $1105044 and the advertised rent reaching $522.5 the gross rental yield for property investors calculates out to be 2.46%

Over the last year, property investments in Northmead, 2152 have given investors a capital gain of 3.11%. This compares badly with the 5.36% for NSW as a whole.

The five-year average increase in median property values for Northmead,2152 has given property investors a potential capital gain of 51.57% across each of those five 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 Northmead, 2152. Typically our figures indicate that -4.02% is being offered, which puts this NSW suburb at 1048th most discounted overall in Australia.

In the last year 116 properties changed hands in Northmead, which puts it as the 127th most active market in NSW when comparing the number of sales per suburb.

Northmead is 343th on a list of best yielding suburbs for rents in NSW with a 3.80% return

Metrics i HOUSE UNIT
$1,105,044 $629,000
-0.96% 1.45%
7.29% 3.11%
9.33% 6.24%
$523 $460
84 116
2.46% 3.80%
48.33 47.24

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 10223
Median household income ($/weekly) 1389
Median age of persons 37
Median housing loan repayment ($/monthly) 2300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1101 10.8
    25-34 years 1682 16.4
    35-44 years 1605 15.7
    45-54 years 1162 11.4
    55-64 years 1048 10.2
    Others 3627 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 4003 51.4
    Not Married 3165 40.6
    Defacto Relationship 627 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 6763 68.6
    Croatia 235 2.4
    Indonesia 263 2.7
    United Kingdom 345 3.5
    Other 708 7.2
    Others 1548 15.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 214 2.3
    Christianity 6804 71.7
    Hinduism 288 3.0
    Islam 497 5.2
    No Religion 1552 16.3
    Others 141 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 363 9.8
    $600-$799 317 8.5
    $1,500-$1,999 472 12.7
    $2,000-$2,499 382 10.3
    $2,500-$2,999 357 9.6
    Others 1826 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3457 43.6
    Not in the labour force 2660 33.6
    Employed, worked part-time 1330 16.8
    Employed, away from work 242 3.1
    Unemployed, looking for work 238 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 704 14.0
    Professionals 1437 28.6
    Technicians & trades workers 571 11.4
    Clerical & administrative workers 893 17.8
    Sales 436 8.7
    Others 987 19.6
    Occupation
    Census Count Percent(%)
    Pre-school 218 9.9
    Infants/Primary 738 33.5
    Secondary 483 21.9
    Technical or Further Educational Institution 230 10.4
    University or other Tertiary Institutions 444 20.2
    Others 88 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5965 61.1
    Flat, unit or apartment 2238 22.9
    Semi-detached, row or terrace house, townhouse 1550 15.9
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1356 34.5
    Rented 1251 31.8
    Fully owned 1183 30.1
    Other tenure type 145 3.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals