Suburb Profile Report for Allawah NSW (2218)

Allawah House: Median price $1,260,000, Annual capital growth 8.15%, Number of sales 14, Weekly median advertised rent $640

Allawah Unit: Median price $649,000, Annual capital growth 5.60%, Number of sales 62, Weekly median advertised rent $470

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

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

  • Expert Report
  • House Report
  • Unit Report

Over the last year, property investments in Allawah, 2218 have given investors a capital gain of 5.00%. This compares favourably with the 0.15% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Allawah comes in at number 728th in NSW.

Allawah, 2218 ranked 191th in NSW when comparing growth in median property values or capital gain over the last 12 months. Allawah is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Allawah has given property investors a paper return of 2.49%. This puts Suburb as 150 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Allawah are currently offering property investors an average price cut of -5.47% below the asking price at the moment.

Residents and property investors in Allawah have been waiting around 60.8095 days to sell a property.

Renters in Suburb are facing rents around $24440 per annum or $470 every week.

Information supplied by:




M
O

W
E

Allawah, NSW – Prices fall in south Sydney suburb

Postcode: 2218

Median unit price: $634,500

Three-year growth: -5.2%

Rental yield: 3.9%

Roughly 30 minutes’ drive south of the Sydney CBD is Allawah, a small, landlocked suburb that is highly accessible, thanks to its public transport options. Its name is an Aboriginal term that aptly means, “make your abode here”. However, this abode has seen some decline, with price falling by 5.2% in the three years to June 2019.

The local railway station is a stop along the Illawarra line of the Sydney Trains network, and the suburb’s main shopping hub is located beside the station on Railway Parade. This hub has a grocery store, takeaways and a hotel. St Raphaels Catholic Church is one of Allawah’s main features, as is the Southern Sydney Synagogue.

Metrics i HOUSE UNIT
$1,260,000 $649,000
0.00% 2.49%
5.00% 0.23%
8.15% 5.60%
$640 $470
14 62
2.64% 3.77%
N/A 60.8095238095238

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

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Allawah NSW
Demographics
Total population 5365
Median household income ($/weekly) 1204
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 469 8.7
    25-34 years 1161 21.6
    35-44 years 778 14.5
    45-54 years 792 14.8
    55-64 years 579 10.8
    Others 1587 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 2124 49.3
    Not Married 1916 44.5
    Defacto Relationship 268 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1977 38.9
    Croatia 1211 23.8
    India 178 3.5
    Indonesia 137 2.7
    Other 522 10.3
    Others 1056 20.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 401 8.1
    Christianity 2551 51.3
    Hinduism 174 3.5
    Islam 291 5.8
    No Religion 1475 29.6
    Others 85 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 176 9.2
    $600-$799 183 9.6
    $800-$999 180 9.4
    $1,000-$1,249 222 11.6
    $1,500-$1,999 267 14.0
    Others 882 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1871 43.2
    Not in the labour force 1383 31.9
    Employed, worked part-time 718 16.6
    Unemployed, looking for work 222 5.1
    Employed, away from work 139 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 664 24.3
    Technicians & trades workers 358 13.1
    Community & personal service workers 257 9.4
    Clerical & administrative workers 478 17.5
    Sales 278 10.2
    Others 692 25.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 280 23.2
    Secondary 292 24.2
    Technical or Further Educational Institution 155 12.9
    University or other Tertiary Institutions 354 29.4
    Other type of educational institution 72 6.0
    Others 52 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3835 74.4
    Separate house 1090 21.1
    Semi-detached, row or terrace house, townhouse 228 4.4
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 804 39.9
    Being purchased 666 33.1
    Fully owned 530 26.3
    Other tenure type 14 0.7
    Tenure Type
Census 2011, ABS
Chart Table