Fraud Blocker

Suffolk Park, NSW 2481

Home » NSW Real Estate Data » Byron Shire Council, NSW » Suffolk Park, NSW 2481

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Suffolk Park, NSW 2481 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Suffolk Park, NSW 2481”

  1. The total adult population (15 years or older) of Suffolk Park 2481 NSW is 3,517, with a median age of 39. Of those, 33.92% are married, 13.62% are divorced or separated, 48.45% are single and 3.72% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $8,656. The median monthly mortgage repayment for households in this suburb is $2,383 which is 27.53% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the state of NSW, the suburb of SUFFOLK PARK 2481 is home to around 1907 households. As we step into Q3 of 2023, the typical price for houses in this idyllic corner has been noted at an impressive $1,698,244. Propelled by a median weekly rent of $1,186, this suburb marks an indicative yield of 3.63% – a rather attractive figure for cashflow-minded property investors.

    SUFFOLK PARK enjoys a strong IRSAD score of 1059 out of 1217, thus affirming the suburb’s superior socio-economic status and the promise it holds for potential investors. The renter to owner ratio of 33% portrays a balanced market, not overly saturated with rental properties, thus keeping competition among property investors at bay.

    The suburb is predominantly populated with houses, as evidenced by a units to houses ratio of 12%, indicating a favourable market with limited competition among landlords for tenants which can be an advantage for maintaining higher rental yields.

    Investors, however, need to be mindful of the affordability index. At 77 years, it signals a decreased affordability in the area, potentially impacting the market vibes. Yet, a stock on market Percentage of a mere 0.19% and low inventory level at 0.71 months affirm a reduced supply, proving beneficial for sellers and investors.

    The building approvals Ratio stands low at 0.19%, underscoring a sluggish influx of new dwellings – an investor’s delight. days on market count for houses in SUFFOLK PARK charts at 86, implying a healthy demand.

    With a combined vacancy rate for houses and units at 3.22%, the suburb sends out mixed signals of demand trends. However, a buy search index of 5 signifies that the interest in this market is at par with the state/city average, thus making this suburb an area to keep on the watch-list for investors.

    While SUFFOLK PARK’s RCS metric can provide a consolidated view leveraging numerous factors, it’s pivotal to keep an eye on individual metrics along with their trends, to make astute property investment decisions. Remember, it’s perfectly fine if a few metrics appear less favourable as long as the majority indicates positivity.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment