Suburb Profile Report for Punchbowl NSW (2196)

Punchbowl House: Median price $800,000, Annual capital growth 7.68%, Number of sales 98, Weekly median advertised rent $550

Punchbowl Unit: Median price $490,000, Annual capital growth 9.13%, Number of sales 55, Weekly median advertised rent $390

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

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

  • House Report
  • Unit Report

At number 3551th in the list of Australian suburbs ordered by increase in median house value over the last year, Punchbowl, 2196 is in the BOTTOM 20% with a property value increase of -12.09% recorded in median house prices.

Punchbowl,2196 was ranked 2986 in Australia by increase in median property value over the quarter.

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.34% offered to property buyers. Sellers in Punchbowl itself are offering an average vendor discount of -8.37% to real estate investors.

At number 1703 in a list of fastest selling suburbs, Punchbowl is just in the top half of suburbs in Australia with an average of days on market 73.5581 for properties listed there.

Situated 15.84km from the CBD, Punchbowl is one of Canterbury-Bankstown (A) localities in the postcode 2196.

Giving property investors a an average capital gain of -2.00% for the last year, Punchbowl, 2196 is the 753th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Punchbowl has increased when compared to the 5 year average annual rate.

The most recent median price for Punchbowl is $490000, with sellers offering an average of -8.04% off the asking price.

Residents and property investors in Punchbowl have been waiting around 70.5 days to sell a property.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 9.13%, investors should hope to achieve an overall return of 4.14%

Metrics i HOUSE UNIT
$800,000 $490,000
-2.44% 0.51%
-12.09% -2.00%
7.68% 9.13%
$550 $390
98 55
3.58% 4.14%
73.5581395348837 70.5

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 18428
Median household income ($/weekly) 920
Median age of persons 31
Median housing loan repayment ($/monthly) 1950
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 2858 15.5
    25-34 years 2794 15.2
    35-44 years 2399 13.0
    45-54 years 2345 12.7
    55-64 years 1707 9.3
    Others 6326 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 6587 50.7
    Not Married 6109 47.0
    Defacto Relationship 289 2.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 8475 50.1
    Croatia 465 2.7
    Malaysia 2655 15.7
    Viet Nam 1027 6.1
    Other 1759 10.4
    Others 2548 15.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 1220 7.2
    Christianity 8905 52.8
    Hinduism 155 0.9
    Islam 5579 33.1
    No Religion 965 5.7
    Others 39 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 640 14.1
    $600-$799 528 11.6
    $800-$999 491 10.8
    $1,000-$1,249 447 9.8
    $1,500-$1,999 491 10.8
    Others 1956 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 6219 48.4
    Employed, worked full-time 3526 27.5
    Employed, worked part-time 1874 14.6
    Unemployed, looking for work 689 5.4
    Employed, away from work 529 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 803 13.5
    Technicians & trades workers 972 16.4
    Clerical & administrative workers 865 14.6
    Machinery operators & drivers 669 11.3
    Labourers 749 12.6
    Others 1875 31.6
    Occupation
    Census Count Percent(%)
    Pre-school 287 6.0
    Infants/Primary 1644 34.3
    Secondary 1434 29.9
    Technical or Further Educational Institution 541 11.3
    University or other Tertiary Institutions 708 14.8
    Others 180 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12484 72.3
    Semi-detached, row or terrace house, townhouse 2394 13.9
    Flat, unit or apartment 2291 13.3
    House or flat attached to a shop, office 87 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1727 34.3
    Rented 1649 32.8
    Fully owned 1618 32.1
    Other tenure type 41 0.8
    Tenure Type
Census 2011, ABS
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