Suburb Profile Report for Eden NSW (2551)

Eden House: Median price $434,000, Annual capital growth 3.62%, Number of sales 36, Weekly median advertised rent $443

Eden Unit: Median price $285,000, Annual capital growth 12.76%, Number of sales 17, Weekly median advertised rent $310

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Eden is an average performer in NSW when comparing median price capital growth over the last year. Eden gave property investors a good capital gain figure when compared to the rest of the state, with -2.47%.

If we look at median property appreciation over just the last three months, Eden has given property investors a paper return of -3.56%. This puts Suburb as 962 on a list of fastest fasting appreciating suburbs in NSW

Eden2551 is located in NSW which offers an average discount of -7.34% to property investors. Eden itself is showing figures that indicate -6.32% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Eden the average time real estate has been on the market is 82.6667 days.

Advertised rents are around the $442.5 mark per week – giving a return of 5.30% based on the median price in Suburb

Investment property in Eden has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.79%

Eden,2551 has offered an average of 1.79% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Eden, 2551. Typically our figures indicate that -4.47% is being offered, which puts this NSW suburb at 898th most discounted overall in Australia.

At number 1250 in a list of fastest selling suburbs, Eden is in the bottom 10% of suburbs in Australia with an average of days on market 128.818 for properties listed there.

Eden, 2551’s gross rental yield is 5.66%

Metrics i HOUSE UNIT
$434,000 $285,000
-3.56% 29.55%
-2.47% 1.79%
3.62% 12.76%
$443 $310
36 17
5.30% 5.66%
82.6666666666667 128.818181818182

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3043
Median household income ($/weekly) 784
Median age of persons 46
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 377 12.4
    35-44 years 324 10.6
    45-54 years 430 14.1
    55-64 years 477 15.7
    65-74 years 370 12.2
    Others 1066 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 1000 45.6
    Not Married 947 43.2
    Defacto Relationship 246 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2587 88.8
    Greece 25 0.9
    Papua New Guinea 36 1.2
    United Kingdom 115 3.9
    Other 32 1.1
    Others 117 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.4
    Christianity 2066 74.7
    Hinduism 4 0.1
    Other Religious Groups 6 0.2
    No Religion 674 24.4
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 139 12.8
    $400-$599 178 16.5
    $600-$799 156 14.4
    $800-$999 118 10.9
    $1,000-$1,249 112 10.4
    Others 379 35.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1124 46.8
    Employed, worked full-time 626 26.1
    Employed, worked part-time 450 18.7
    Unemployed, looking for work 103 4.3
    Employed, away from work 100 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 180 15.4
    Community & personal service workers 145 12.4
    Sales 128 10.9
    Machinery operators & drivers 130 11.1
    Labourers 217 18.5
    Others 372 31.7
    Occupation
    Census Count Percent(%)
    Pre-school 52 9.1
    Infants/Primary 219 38.4
    Secondary 210 36.8
    Technical or Further Educational Institution 50 8.8
    University or other Tertiary Institutions 26 4.6
    Others 13 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2383 86.1
    Flat, unit or apartment 192 6.9
    Semi-detached, row or terrace house, townhouse 117 4.2
    Caravan, cabin, houseboat 57 2.1
    House or flat attached to a shop, office 18 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 461 38.7
    Rented 446 37.5
    Being purchased 280 23.5
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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