Suburb Profile Report for Bexley NSW (2207)

Bexley House: Median price $1,210,000, Annual capital growth 7.35%, Number of sales 112, Weekly median advertised rent $620

Bexley Unit: Median price $651,000, Annual capital growth 5.50%, Number of sales 119, Weekly median advertised rent $460

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 391th in the list of Australian suburbs ordered by increase in median house value over the last year, Bexley, 2207 is in the top 10% with a property value increase of 14.15% recorded in median house prices.

Bexley,2207 has offered an average of 14.15% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Bexley should be aiming for at least -5.65% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1870 in a list of fastest selling suburbs, Bexley is just in the bottom half of suburbs in Australia with an average of days on market 76.8421 for properties listed there.

A $620 per week rent on the median house gives suburb investors a gross yield of circa 2.66%, without taking into account capital value appreciation, which has been averaging out at 7.35%.

Bexley has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.96% to date .

Across a shorter period, Bexley, 2207 has seen a median price increase of -2.47% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Bexley is offering property investors an average of -5.74. This rate of discount on properties puts Suburb at number 189th in terms of most discounted suburbs in NSW

Property investors should expect to get $460 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,210,000 $651,000
11.01% -2.47%
14.15% -4.96%
7.35% 5.50%
$620 $460
112 119
2.66% 3.67%
76.8421052631579 54.4242424242424

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. 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 19067
Median household income ($/weekly) 1358
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2399 12.6
    25-34 years 2780 14.6
    35-44 years 2772 14.5
    45-54 years 2539 13.3
    55-64 years 2021 10.6
    Others 6556 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 7425 53.6
    Not Married 5772 41.6
    Defacto Relationship 668 4.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 10033 55.5
    Croatia 1255 6.9
    Germany 778 4.3
    Malaysia 841 4.7
    Other 1386 7.7
    Others 3791 21.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 639 3.6
    Christianity 11812 66.3
    Hinduism 361 2.0
    Islam 2449 13.8
    No Religion 2450 13.8
    Others 93 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 495 9.1
    $600-$799 477 8.8
    $1,500-$1,999 761 14.0
    $2,000-$2,499 608 11.2
    $2,500-$2,999 469 8.6
    Others 2639 48.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 5606 38.5
    Employed, worked full-time 5530 37.9
    Employed, worked part-time 2320 15.9
    Employed, away from work 582 4.0
    Unemployed, looking for work 535 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 914 10.8
    Professionals 1800 21.3
    Technicians & trades workers 1080 12.8
    Clerical & administrative workers 1495 17.7
    Labourers 818 9.7
    Others 2325 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 290 6.6
    Infants/Primary 1466 33.3
    Secondary 1228 27.9
    Technical or Further Educational Institution 433 9.8
    University or other Tertiary Institutions 835 19.0
    Others 146 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10592 60.1
    Semi-detached, row or terrace house, townhouse 3809 21.6
    Flat, unit or apartment 3121 17.7
    House or flat attached to a shop, office 105 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2266 38.0
    Fully owned 2251 37.7
    Rented 1417 23.8
    Other tenure type 32 0.5
    Tenure Type
Census 2011, ABS
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