Login
Loading form...
Advertisement
Powered by
MOMENTUM
MEDIA
Property investors enjoyed capital gains of 9.47% over the last 12 months in BIRRONG, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in BIRRONG are low, as opposed to average gains per annum over the past five years.
The suburb posted a 35.05% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $780 based on current median home prices for the suburb.
On average, rents on listings have reached the $780 mark, reflecting a 2.81% increase in returns based on the current median price in BIRRONG.
BIRRONG, 2143 ranks 425th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 742nd on the list of best yielding suburbs for rental properties in NSW, posting a 2.81% return.
Birrong lies about 22 km south‑west of the Sydney central business district within the City of Canterbury‑Bankstown. The suburb covers approximately 1 square kilometre and recorded a population of 3,331 at the 2021 Census, with a median age of 36 years.
Cultural diversity is prominent in Birrong, where 47.5 per cent of residents were born in Australia and significant communities hail from Vietnam (15.7 %), China (5.9 %) and Lebanon (4.4 %). Just under 30 per cent of households speak only English at home, while Vietnamese (19.8 %), Arabic (18.4 %), Mandarin (7.4 %) and Cantonese (4.4 %) are commonly used. Religious affiliations include Islam (24.9%), Catholicism (19.8%), no religion (18.5%), and Buddhism (13.1%).
Birrong railway station on the Bankstown line sits 22.11 km from Central and recorded about 1,138 weekday entries and exits in 2023. Train travel to the Sydney CBD typically takes around 35 to 40 minutes, with frequent T6 services. The suburb also benefits from local bus services operated by Transit Systems, which connect to neighbouring hubs such as Bankstown, Yagoona, and Regents Park.
Birrong’s median personal income was $548 per week, lower than the NSW average, and about 6.2 per cent of commuters used public transport to work at the last Census.
Essential amenities are concentrated on Auburn Road, where a small commercial strip features an IGA with a bottle shop and butcher, as well as cafés, hair and barber shops.
Education facilities include Birrong Boys' and Girls' High Schools and a local primary school, all catering to a multi-ethnic student body.
Recreational facilities include six soccer or rugby league fields, tennis courts, a bowls club, a community swimming pool and extensive natural parkland.
The blend of cultural diversity, accessible public transport, community schools, and green spaces positions Birrong as a well-structured, family-oriented suburb in southwestern Sydney.