Suburb Profile Report for Islington NSW (2296)

Islington House: Median price $677,500, Annual capital growth 10.33%, Number of sales 52, Weekly median advertised rent $428

Islington Unit: Median price $615,000, Annual capital growth 5.89%, Number of sales 18, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Islington, 2296 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 32.84%

Taking the average capital gain, or increase in median house value, Islington,2296 has racked up an average of 32.84% over the period. This ranks it number 95th in the whole country for real estate investors looking at median house price increases.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Islington itself are offering an average vendor discount of -2.80% to real estate investors.

Often selling an investment property can take time, and in Islington the average time real estate has been on the market is 24.57 days.

At number 50th in the list of Australian suburbs ordered by increase in median house value over the last year, Islington, 2296 is in the top 10% with a property value increase of 30.85% recorded in median house prices.

Situated 110.64km from the CBD, Islington is one of Newcastle localities in the postcode 2296.

Metrics i HOUSE UNIT
$677,500 $615,000
13.58% N/A
32.84% 30.85%
10.33% 5.89%
$428 $380
52 18
3.28% 3.21%
24.57 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1806
Median household income ($/weekly) 1148
Median age of persons 34
Median housing loan repayment ($/monthly) 1800
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 192 10.6
    25-34 years 409 22.6
    35-44 years 311 17.2
    45-54 years 210 11.6
    55-64 years 171 9.5
    Others 513 28.4
    Age Group
    Census Count Percent(%)
    Not Married 791 57.9
    Registered Married 346 25.3
    Defacto Relationship 229 16.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1405 84.9
    Croatia 9 0.5
    Papua New Guinea 23 1.4
    United Kingdom 58 3.5
    Other 84 5.1
    Others 76 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 2.6
    Christianity 846 53.4
    Islam 11 0.7
    Other Religious Groups 16 1.0
    No Religion 664 41.9
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 81 11.3
    $600-$799 72 10.0
    $1,000-$1,249 80 11.1
    $1,250-$1,499 68 9.5
    $1,500-$1,999 111 15.5
    Others 306 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 606 42.7
    Not in the labour force 402 28.3
    Employed, worked part-time 284 20.0
    Unemployed, looking for work 79 5.6
    Employed, away from work 49 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 265 28.3
    Technicians & trades workers 139 14.9
    Community & personal service workers 116 12.4
    Clerical & administrative workers 125 13.4
    Sales 91 9.7
    Others 200 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 34 8.1
    Infants/Primary 84 20.0
    Secondary 69 16.4
    Technical or Further Educational Institution 67 15.9
    University or other Tertiary Institutions 158 37.5
    Others 9 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1209 71.9
    Flat, unit or apartment 271 16.1
    Semi-detached, row or terrace house, townhouse 180 10.7
    House or flat attached to a shop, office 21 1.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 366 47.0
    Being purchased 247 31.7
    Fully owned 161 20.7
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
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