Suburb Profile

North Sydney - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2060

With a thriving commercial district and laid back atmosphere, North Sydney is an ideal destination for investors looking to expand their real estate portfolio and families seeking a new home without straying too far from the trappings of a modern city life. Located on the Lower North Shore of Sydney, North Sydney is home to high-rise commercial properties, as well as museums, sports clubs, and several shopping complexes while serving as the seat of power for the local government.

The area has a population of 6,057, with a median age of 34. A huge portion of its workforce is made up of young professionals hailing from the advertising, marketing, printing and publishing, and information technology sectors. Most properties are rented units, apartments, and flats, with the occasional 19th century homes and classic churches breaking the monotony. The area has no shortage of universities and schools run by well-recognized academic organizations.

Investments continue to pour into North Sydney's real estate environment as foreign companies snap up rental properties in its commercial district. The outlook is favourable for buyers flipping both old and new office towers, as office market fundamentals and rental growth remain strong. Technology behemoths such as Cisco Systems, Sun Microsystems, Symantec, and Optus are among these buildings' current inhabitants.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,200,000 $966,250
GROWTH REPORT
Median Quarterly 8.24% 7.36%
Median 12 month 22.53% 16.56%
Median 3 years 41.84% 19.29%
Median 5 years 69.56% 78.94%
10 years average annual 12.18% 7.94%
Weekly media advert. rent $965 $610
Time on Market 0.0 days 63.0 days
Gross Rental Yield Percent 2.28% 3.28%
demographics (median values)
Total Population
6057
Weekly Household Income
1611
Household Size
1.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories