Suburb Profile Report for Cranebrook NSW (2749)

Cranebrook House: Median price $645,000, Annual capital growth 6.85%, Number of sales 202, Weekly median advertised rent $450

Cranebrook Unit: Median price $515,000, Annual capital growth 5.82%, Number of sales 16, Weekly median advertised rent $410

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

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

  • House Report
  • Unit Report

At number 1581th in the list of Australian suburbs ordered by increase in median house value over the last year, Cranebrook, 2749 is in the top 40% with a property value increase of 3.20% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Cranebrook,2749 has racked up an average of 3.20% over the period. This ranks it number 2583th in the whole country for real estate investors looking at median house price increases.

Cranebrook2749 is located in NSW which offers an average discount of -6.46% to property investors. Cranebrook itself is showing figures that indicate -7.37% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Cranebrook have been waiting around 58.0844 days to sell a property.

Investment property in Cranebrook has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.00%

Cranebrook,2749 was ranked 400 in Australia by increase in median property value over the quarter.

Cranebrook is 239th on a list of best yielding suburbs for rents in NSW with a 4.14% return

Metrics i HOUSE UNIT
$645,000 $515,000
4.88% 3.00%
3.20% 3.00%
6.85% 5.82%
$450 $410
202 16
3.63% 4.14%
58.0844155844156 73.4615384615385

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 14721
Median household income ($/weekly) 1555
Median age of persons 30
Median housing loan repayment ($/monthly) 2000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 2437 16.6
    25-34 years 2154 14.6
    35-44 years 2206 15.0
    45-54 years 2121 14.4
    55-64 years 1301 8.8
    Others 4502 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 5140 49.3
    Not Married 4152 39.8
    Defacto Relationship 1140 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 11905 84.8
    Papua New Guinea 228 1.6
    Philippines 93 0.7
    United Kingdom 723 5.1
    Other 348 2.5
    Others 743 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 104 0.8
    Christianity 10896 79.5
    Islam 121 0.9
    Other Religious Groups 66 0.5
    No Religion 2447 17.9
    Others 72 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 380 9.2
    $1,250-$1,499 356 8.6
    $1,500-$1,999 694 16.7
    $2,000-$2,499 602 14.5
    $2,500-$2,999 362 8.7
    Others 1753 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5004 47.1
    Not in the labour force 2781 26.1
    Employed, worked part-time 1930 18.1
    Employed, away from work 494 4.6
    Unemployed, looking for work 426 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 759 10.2
    Professionals 996 13.4
    Technicians & trades workers 1257 16.9
    Community & personal service workers 763 10.3
    Clerical & administrative workers 1398 18.8
    Others 2255 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 323 8.1
    Infants/Primary 1506 38.0
    Secondary 1238 31.2
    Technical or Further Educational Institution 370 9.3
    University or other Tertiary Institutions 426 10.7
    Others 101 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13278 93.4
    Semi-detached, row or terrace house, townhouse 911 6.4
    Flat, unit or apartment 16 0.1
    Improvised home, tent, sleepers out 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2523 55.3
    Rented 1144 25.1
    Fully owned 877 19.2
    Other tenure type 15 0.3
    Tenure Type
Census 2011, ABS
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