Suburb Profile Report for Castle Hill NSW (2154)

Castle Hill House: Median price $1,350,000, Annual capital growth 8.05%, Number of sales 337, Weekly median advertised rent $680

Castle Hill Unit: Median price $810,000, Annual capital growth 6.56%, Number of sales 123, 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.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Castle Hill, 2154 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.18%.

While Castle Hill,2154 ranked number 278th in NSW for increase in median house value (annualised) increase, it is ranked 596th over the last 5 years.

Property investors looking for a bargain in Castle Hill should be aiming for at least -7.61% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 337 properties changed hands in Castle Hill, which puts it as the 7th most active market in NSW when comparing the number of sales per suburb.

Castle Hill, 2154’s gross rental yield is 2.62%

At number 1097th in the list of Australian suburbs ordered by increase in median house value over the last year, Castle Hill, 2154 is in the BOTTOM 30% with a property value increase of -7.74% recorded in median house prices.

Castle Hill,2154 has offered an average of -7.74% return per annum in house price rises to property investors over the last three years.

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 Castle Hill itself are offering an average vendor discount of -9.09% to real estate investors.

With the median price for a house in Castle Hill being $810000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.53%

Metrics i HOUSE UNIT
$1,350,000 $810,000
1.43% -1.22%
-11.18% -7.74%
8.05% 6.56%
$680 $550
337 123
2.62% 3.53%
64.5631067961165 77.5555555555556

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 (H), Above average (U)
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Demographics
Total population 37916
Median household income ($/weekly) 2059
Median age of persons 39
Median housing loan repayment ($/monthly) 2600
Average household size 3
  • Census Count Percent(%)
    5-14 years 5022 13.2
    25-34 years 3913 10.3
    35-44 years 5268 13.9
    45-54 years 5666 14.9
    55-64 years 4785 12.6
    Others 13262 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 16866 60.2
    Not Married 10048 35.8
    Defacto Relationship 1119 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 23609 64.2
    Croatia 1308 3.6
    Indonesia 931 2.5
    United Kingdom 1984 5.4
    Other 1999 5.4
    Others 6937 18.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 1250 3.5
    Christianity 26015 72.5
    Hinduism 1084 3.0
    Islam 936 2.6
    No Religion 6121 17.1
    Others 455 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 1299 12.0
    $2,000-$2,499 1039 9.6
    $2,500-$2,999 1610 14.9
    $3,000-$3,499 1108 10.2
    $4,000 or more 1162 10.7
    Others 4617 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 12510 42.7
    Not in the labour force 9447 32.2
    Employed, worked part-time 5616 19.2
    Employed, away from work 926 3.2
    Unemployed, looking for work 826 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 3546 18.6
    Professionals 5782 30.4
    Technicians & trades workers 1827 9.6
    Clerical & administrative workers 3198 16.8
    Sales 1982 10.4
    Others 2712 14.2
    Occupation
    Census Count Percent(%)
    Pre-school 789 7.7
    Infants/Primary 3254 31.6
    Secondary 3075 29.9
    Technical or Further Educational Institution 748 7.3
    University or other Tertiary Institutions 2188 21.3
    Others 241 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 29544 83.0
    Semi-detached, row or terrace house, townhouse 3601 10.1
    Flat, unit or apartment 2464 6.9
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 5247 44.3
    Fully owned 4280 36.1
    Rented 2027 17.1
    Other tenure type 294 2.5
    Tenure Type
Census 2011, ABS
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