Suburb Profile Report for Sylvania NSW (2224)

Sylvania House: Median price $1,445,000, Annual capital growth 8.58%, Number of sales 96, Weekly median advertised rent $700

Sylvania Unit: Median price $952,250, Annual capital growth 7.66%, Number of sales 78, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

Sylvania has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 15.60% to date .

While Sylvania,2224 ranked number 235th in NSW for increase in median house value (annualised) increase, it is ranked 258th over the last 5 years.

Sellers are offering property buyers an average discount of -2.15% to buyers in Sylvania at the moment, which is less than average for the rest of NSW.

Renters in Suburb are facing rents around $8400 per annum or $700 every week.

Sylvania, 2224 ranked 193th in NSW when comparing growth in median property values or capital gain over the last 12 months. Sylvania is one of 3163 in our list for NSW

Across a shorter period, Sylvania, 2224 has seen a median price increase of -1.83% over the last quarter.

Property investors looking for a bargain in Sylvania should be aiming for at least -16.67% off the asking price, which is the average vendor discount being achieved at the moment.

At number 240 in a list of fastest selling suburbs, Sylvania is in the bottom 40% of suburbs in Australia with an average of days on market 51.1 for properties listed there.

Advertised rents are around the $590 mark per week – giving a return of 3.22% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,445,000 $952,250
5.86% -1.83%
15.60% 11.31%
8.58% 7.66%
$700 $590
96 78
2.52% 3.22%
78.45 51.1

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 9729
Median household income ($/weekly) 1421
Median age of persons 43
Median housing loan repayment ($/monthly) 2500
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1066 11.0
    35-44 years 1375 14.1
    45-54 years 1216 12.5
    55-64 years 1150 11.8
    65-74 years 1140 11.7
    Others 3782 38.9
    Age Group
    Census Count Percent(%)
    Registered Married 4114 56.1
    Not Married 2779 37.9
    Defacto Relationship 436 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 7082 76.7
    Croatia 203 2.2
    Papua New Guinea 154 1.7
    United Kingdom 384 4.2
    Other 348 3.8
    Others 1068 11.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 163 1.8
    Christianity 7422 82.0
    Hinduism 54 0.6
    Islam 167 1.8
    No Religion 1190 13.2
    Others 50 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 309 9.7
    $600-$799 263 8.2
    $1,500-$1,999 359 11.3
    $2,000-$2,499 292 9.2
    $2,500-$2,999 339 10.6
    Others 1627 51.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2984 39.0
    Employed, worked full-time 2825 36.9
    Employed, worked part-time 1390 18.1
    Employed, away from work 270 3.5
    Unemployed, looking for work 192 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 673 15.0
    Professionals 1004 22.4
    Technicians & trades workers 556 12.4
    Clerical & administrative workers 859 19.2
    Sales 479 10.7
    Others 914 20.4
    Occupation
    Census Count Percent(%)
    Pre-school 173 8.6
    Infants/Primary 695 34.6
    Secondary 582 29.0
    Technical or Further Educational Institution 154 7.7
    University or other Tertiary Institutions 352 17.5
    Others 51 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6719 74.0
    Semi-detached, row or terrace house, townhouse 1575 17.3
    Flat, unit or apartment 780 8.6
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1496 43.6
    Being purchased 1132 33.0
    Rented 729 21.2
    Other tenure type 78 2.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals