This property is Off Market
With an average age of 30, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $470. The average family earns a weekly income of $2,214 with a typical household size of 2.4 and a 91.33% employment rate.
Consistent high demand relative to supply is a key feature in North Rocks driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in North Rocks are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in North Rocks provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in North Rocks we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make North Rocks a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
Northmead a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
37 / 100
31 / 100
Industry
46 / 100
22 / 100
Population
26 / 100
19 / 100
House Prices
65 / 100
60 / 100
Jobs
56 / 100
29 / 100
Incidents Trend State Average
The Hills School
Northmead, NSW, 2152 State U
Northmead Creative and Performing Arts High School
Northmead, NSW, 2152 State 7-12
Parramatta North Public School
North Parramatta, NSW, 2151 State K-6
Tara Anglican School for Girls
North Parramatta, NSW, 2151 Independent K-12
Redbank School
Westmead, NSW, 2145 State U
The Childrens Hospital School
Westmead, NSW, 2145 State
St Monica's Primary School
North Parramatta, NSW, 2151 Independent K-6
Northmead Public School
Northmead, NSW, 2152 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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