Suburb Profile Report for Castle Hill NSW (2154)

Castle Hill House: Median price $1,350,000, Annual capital growth 8.22%, Number of sales 427, Weekly median advertised rent $680

Castle Hill Unit: Median price $820,000, Annual capital growth 7.20%, Number of sales 156, Weekly median advertised rent $560

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

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 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 -15.37%.

Across a shorter period, Castle Hill, 2154 has seen a median price increase of -3.78% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Castle Hill is offering property investors an average of -7.00. This rate of discount on properties puts Suburb at number 355th in terms of most discounted suburbs in NSW

The NSW suburb of Castle Hill, 2154 is in the The Hills Shire (A) local government area.

NSW has seen average median house prices change by -1.55% which means that Castle Hill, 2154 has not done well for property investors by showing a capital gain of -4.46% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Castle Hill comes in at number 401th in NSW.

At number 8th of NSW’s most discounted properties, Castle Hill is in the bottom 10% of the state/territory when listing in order of most discounted to least.

At number 532 in a list of fastest selling suburbs, Castle Hill is in the TOP 40% of suburbs in Australia with an average of days on market 65.0676 for properties listed there.

With the median price for a house in Castle Hill being $820000 and the advertised rent reaching $560 the gross rental yield for property investors calculates out to be 3.48%

Metrics i HOUSE UNIT
$1,350,000 $820,000
-3.78% -1.25%
-15.37% -4.46%
8.22% 7.20%
$680 $560
427 156
2.60% 3.48%
56.480583 65.067566

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (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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