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Investment Property Drummoyne, NSW, 2047

Suburb Snapshot

Drummoyne is a suburb in the Canada Bay Region of New South Wales. Drummoyne has a population of 11,946 people and 31.64% of its occupants live in rental accommodation. The median listing price for houses is $3,250,000 and this has changed 1.56% over the past year and changed 35.41% over 2 years.

The median rent in Drummoyne for houses is $1,150 per week and the median rental yield is 1.84%. Stock on the market for houses/townhouses has changed 13.64% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $1,300,000 and this has changed 13.04% over the past year. The average unit takes 61 days to sell and the median rent for a unit in Drummoyne is $750 per week, producing a rental yield of 3.00%.

Supply & Demand in Drummoyne, Canada Bay

1.28%

Current vacancy rate


79

Rental stock available


11,946

Population


31.64%

Rental population


1.42%

Current vacancy rate


579

Rental stock available


88,018

Population


33.01%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Drummoyne, Canada Bay

  House Townhouses Units
Median listing price $3,250,000 NA $1,300,000
Median price change - last quarter -0.77% NA 8.33%
Median price change - 1 year 1.56% NA 13.04%
Median price change - 2 years 35.41% NA 8.33%
  House Townhouses Units
Median weekly rent $1,150 $950 $750
Median yield % 1.84% NA 3.00%
Median rent change - 1 year 4.54% 7.34% 0.00%
  House Units
Previous month sales 13 17
Stock on market previous month 25 37
Stock variance vs. last year 13.64% -2.63%
Average days on market 61 61

Drummoyne investment property listings

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