Suburb Profile Report for Sydenham VIC (3037)

Sydenham House: Median price $603,000, Annual capital growth 6.94%, Number of sales 80, Weekly median advertised rent $395

Sydenham Unit: Median price $430,000, Annual capital growth 5.98%, Number of sales 50, Weekly median advertised rent $350

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

Sydenham, 3037 ranked 382th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sydenham is one of 2099 in our list for VIC

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

Sellers are offering property buyers an average discount of -4.79% to buyers in Sydenham at the moment, which is less than average for the rest of VIC.

On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.

Situated 21.46km from the CBD, Sydenham is one of Brimbank (C) localities in the postcode 3037.

Property value increases in Sydenham have tracked higher than the VIC average of 2.97% over the last 12 months.

A 45.76% growth in median value for property investors in Sydenham,3037 puts this suburb at number 83th in terms of best performing suburbs in VIC

Sydenham3037 is located in VIC which offers an average discount of -5.13% to property investors. Sydenham itself is showing figures that indicate -3.67% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.98%, investors should hope to achieve an overall return of 4.23%

Metrics i HOUSE UNIT
$603,000 $430,000
-5.78% 1.90%
2.90% 16.22%
6.94% 5.98%
$395 $350
80 50
3.41% 4.23%
54.44 37

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Sydenham VIC
Demographics
Total population 10323
Median household income ($/weekly) 1419
Median age of persons 31
Median housing loan repayment ($/monthly) 1625
Average household size 3
  • Census Count Percent(%)
    5-14 years 1509 14.6
    20-24 years 824 8.0
    25-34 years 1796 17.4
    35-44 years 1705 16.5
    45-54 years 1414 13.7
    Others 3075 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 3807 52.1
    Not Married 3037 41.6
    Defacto Relationship 458 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5644 58.2
    Egypt 182 1.9
    Indonesia 1071 11.1
    Philippines 309 3.2
    Other 691 7.1
    Others 1795 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 426 4.5
    Christianity 6498 68.4
    Islam 490 5.2
    Other Religious Groups 493 5.2
    No Religion 1163 12.2
    Others 433 4.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 286 10.0
    $1,250-$1,499 291 10.2
    $1,500-$1,999 484 17.0
    $2,000-$2,499 347 12.2
    $2,500-$2,999 260 9.1
    Others 1180 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3204 43.4
    Not in the labour force 2058 27.9
    Employed, worked part-time 1457 19.7
    Employed, away from work 331 4.5
    Unemployed, looking for work 328 4.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 742 14.8
    Technicians & trades workers 758 15.2
    Clerical & administrative workers 855 17.1
    Sales 526 10.5
    Labourers 569 11.4
    Others 1547 31.0
    Occupation
    Census Count Percent(%)
    Pre-school 178 6.6
    Infants/Primary 935 34.9
    Secondary 783 29.2
    Technical or Further Educational Institution 247 9.2
    University or other Tertiary Institutions 405 15.1
    Others 129 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7337 76.6
    Flat, unit or apartment 1758 18.4
    Semi-detached, row or terrace house, townhouse 477 5.0
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1414 45.9
    Rented 897 29.1
    Fully owned 760 24.7
    Other tenure type 12 0.4
    Tenure Type
Census 2011, ABS
Chart Table