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Investment Property Northmead, NSW, 2152

Suburb Snapshot

Northmead is a suburb in the Parramatta Region of New South Wales. Northmead has a population of 11,206 people and 33.07% of its occupants live in rental accommodation. The median listing price for houses is $1,550,000 and this has changed -3.13% over the past year and changed 19.23% over 2 years.

The median rent in Northmead for houses is $650 per week and the median rental yield is 2.18%. Stock on the market for houses/townhouses has changed 4.76% compared to last year and the average time to sell a house/townhouse is 40 days.The median listing price for units is $524,500 and this has changed -0.10% over the past year. The average unit takes 59 days to sell and the median rent for a unit in Northmead is $570 per week, producing a rental yield of 5.65%.

Supply & Demand in Northmead, Parramatta

1.03%

Current vacancy rate


52

Rental stock available


11,206

Population


33.07%

Rental population


1.64%

Current vacancy rate


1,829

Rental stock available


226,155

Population


37.68%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Northmead, Parramatta

  House Townhouses Units
Median listing price $1,550,000 $902,500 $524,500
Median price change - last quarter -3.91% -0.55% 0.00%
Median price change - 1 year -3.13% -0.28% -0.10%
Median price change - 2 years 19.23% 1.40% 0.86%
  House Townhouses Units
Median weekly rent $650 $700 $570
Median yield % 2.18% 4.03% 5.65%
Median rent change - 1 year -4.42% 0.71% 3.63%
  House Units
Previous month sales 9 7
Stock on market previous month 22 21
Stock variance vs. last year 4.76% -12.50%
Average days on market 40 59

Northmead investment property listings

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