Suburb Profile Report for Jesmond NSW (2299)

Jesmond House: Median price $477,500, Annual capital growth 5.02%, Number of sales 35, Weekly median advertised rent $380

Jesmond Unit: Median price $347,500, Annual capital growth 4.63%, Number of sales 31, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1100th in the list of Australian suburbs ordered by increase in median house value over the last year, Jesmond, 2299 is in the top 30% with a property value increase of 13.69% recorded in median house prices.

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

Sellers are offering property buyers an average discount of -5.94% to buyers in Jesmond at the moment, which is less than average for the rest of NSW.

Jesmond, 2299 ranked 462th in NSW when comparing growth in median property values or capital gain over the last 12 months. Jesmond is one of 3163 in our list for NSW

Over the longer term, Jesmond has seen property prices show investors a 10.32% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -2.62% to buyers in Jesmond at the moment, which is less than average for the rest of NSW.

Metrics i HOUSE UNIT
$477,500 $347,500
1.06% 0.72%
13.69% -0.07%
5.02% 4.63%
$380 $330
35 31
4.14% 4.94%
53.65 58.5

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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Demographics
Total population 2607
Median household income ($/weekly) 735
Median age of persons 29
Median housing loan repayment ($/monthly) 1417
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 216 8.3
    20-24 years 433 16.6
    25-34 years 536 20.6
    35-44 years 254 9.7
    45-54 years 245 9.4
    Others 922 35.4
    Age Group
    Census Count Percent(%)
    Not Married 1203 61.9
    Registered Married 556 28.6
    Defacto Relationship 184 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1626 67.4
    Croatia 118 4.9
    Lebanon 69 2.9
    United Kingdom 56 2.3
    Other 260 10.8
    Others 285 11.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 104 4.4
    Christianity 1434 60.3
    Hinduism 34 1.4
    Islam 185 7.8
    No Religion 607 25.5
    Others 16 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 136 14.9
    $400-$599 122 13.3
    $600-$799 117 12.8
    $800-$999 84 9.2
    $1,000-$1,249 83 9.1
    Others 373 40.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1027 49.9
    Employed, worked full-time 477 23.2
    Employed, worked part-time 378 18.4
    Unemployed, looking for work 112 5.4
    Employed, away from work 64 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 170 18.5
    Technicians & trades workers 125 13.6
    Community & personal service workers 141 15.4
    Sales 119 13.0
    Labourers 130 14.2
    Others 233 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 31 3.6
    Infants/Primary 153 17.6
    Secondary 81 9.3
    Technical or Further Educational Institution 81 9.3
    University or other Tertiary Institutions 497 57.3
    Others 24 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1255 53.3
    Semi-detached, row or terrace house, townhouse 670 28.5
    Flat, unit or apartment 427 18.1
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 614 62.7
    Fully owned 219 22.4
    Being purchased 137 14.0
    Other tenure type 9 0.9
    Tenure Type
Census 2011, ABS
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