Suburb Profile Report for Sydenham VIC (3037)

Sydenham House: Median price $596,000, Annual capital growth 7.00%, Number of sales 89, Weekly median advertised rent $380

Sydenham Unit: Median price $390,000, Annual capital growth 5.14%, Number of sales 78, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Sydenham has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 16.86% to date .

If we look at median property appreciation over just the last three months, Sydenham has given property investors a paper return of 1.71%. This puts Suburb as 322 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Sydenham is $596000, with sellers offering an average of -3.83% off the asking price.

At number 287th in the list of Australian suburbs ordered by increase in median house value over the last year, Sydenham, 3037 is in the top 20% with a property value increase of 14.71% recorded in median house prices.

Over the longer term, Sydenham has seen property prices show investors a 34.48% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Sydenham are currently offering property investors an average price cut of -2.90% below the asking price at the moment.

The VIC suburb of Sydenham, 3037 is in the Brimbank local government area.

Metrics i HOUSE UNIT
$596,000 $390,000
1.71% 5.41%
16.86% 14.71%
7.00% 5.14%
$380 $350
89 78
3.32% 4.67%
56.53 30.8

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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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
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