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Drummoyne

Suburb Profile

Drummoyne - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2047

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a -9.32% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,825,000

The augmented property values in the suburb are trailing behind the territorial average of -1.96% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $850.

Home owners selling their properties and realtors in DRUMMOYNE usually have to wait an average of 101.0 days days before their assets are lifted off the market.

The NSW suburb ranks 1121st on the list of best yielding suburbs for rental properties in NSW, posting a 2.42% return.

It also places places 67th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,825,000 $1,082,500
GROWTH REPORT
Median Quarterly 10.61% -0.46%
Median 12 month -11.62% 0.7%
Median 3 years -9.32% 11.03%
Median 5 years 21.67% 23.89%
10 years average annual 5.24% 6.4%
Weekly media advert. rent $850 $617.5
Time on Market 101.0 days 71.0 days
Gross Rental Yield Percent 2.42% 2.97%
demographics (median values)
Total Population
10386
Weekly Household Income
1721
Household Size
2.20
demographics
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