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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 $3,200,000 and this has changed 0.00% over the past year and changed 30.61% over 2 years.

The median rent in Drummoyne for houses is $1,170 per week and the median rental yield is 1.90%. Stock on the market for houses/townhouses has changed -25.00% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $1,300,000 and this has changed 8.55% over the past year. The average unit takes 71 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

1.39%

Current vacancy rate


86

Rental stock available


11,946

Population


31.64%

Rental population


1.46%

Current vacancy rate


593

Rental stock available


88,018

Population


33.01%

Rental population


1.02%

Current vacancy rate


37,155

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 $3,200,000 NA $1,300,000
Median price change - last quarter -0.77% NA 8.33%
Median price change - 1 year 0.00% NA 8.55%
Median price change - 2 years 30.61% NA 18.18%
  House Townhouses Units
Median weekly rent $1,170 $950 $750
Median yield % 1.90% NA 3.00%
Median rent change - 1 year 6.36% 6.14% 0.00%
  House Units
Previous month sales 7 18
Stock on market previous month 21 35
Stock variance vs. last year -25.00% 52.17%
Average days on market 68 71

Drummoyne investment property listings

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