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North Epping

POSTAL CODE: NSW, 2121
HOUSE

Property investments in NORTH EPPING did not fare well against the rest of the country last year, registering a median home price decrease of 7.28%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains NORTH EPPING, 2121 saw average growth in the long term.

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

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 62.7 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,467,500.

NORTH EPPING ranks 1065th on the list of best yielding suburbs for rental properties in NSW, posting a 1.79% return.

Surburb overview

North Epping is a tranquil, leafy suburb located approximately 19 kilometres north-west of Sydney's central business district. The suburb has an area of 2.3 square kilometres and is part of the Hornsby Shire local government area, surrounded by the bushland of Lane Cove National Park.

As of the 2021 Census, North Epping had a population of 4,657 residents. The median age was 44 years, with children under 15 accounting for 18.9% and those aged 65 and older comprising 18.6% of the population. The suburb exhibits cultural diversity, with 62.1% of residents born in Australia and notable communities from China (6.9%), India (4.3%), England (3.2%), Hong Kong (3.1%), and South Korea (2.4%). Languages spoken at home include English (65.0%), Mandarin (9.4%), and Cantonese (5.8%).

North Epping's housing landscape is predominantly composed of separate houses, accounting for 92.0% of dwellings. The average household size is 3.1 people. According to recent data, the median house price is approximately $ 2.34 million, with an annual capital growth rate of 1.08%. Rental yields for houses stand at around 2.22%, with a median weekly rent of $825.

The suburb features a small shopping centre at the corner of Roma Street and Malton Road, offering specialty shops, cafes, and restaurants. Epping North Public School serves the educational needs of its community. Residents enjoy access to numerous parks and walking trails, including the Great North Walk, enhancing the suburb's appeal for outdoor enthusiasts.

Norfolk Road connects North Epping to the adjacent suburb of Epping. Public transportation is primarily provided by Busways route 295, which operates a loop service around the suburb and connects residents to Epping railway station on the Sydney Trains network.

Surrounded by the natural beauty of Lane Cove National Park, North Epping offers a peaceful environment with abundant green spaces. The suburb's secluded setting, combined with its proximity to essential services and recreational facilities, contributes to its reputation as a family-friendly and community-oriented locale.

North Epping's blend of natural surroundings, quality housing, and community amenities makes it a desirable suburb for those seeking a tranquil lifestyle within reach of Sydney's urban conveniences.

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