Fraud Blocker

West Pymble, NSW 2073

Home » NSW Real Estate Data » Ku-Ring-Gai Council, NSW » West Pymble, NSW 2073

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 West Pymble, NSW 2073 located in Sydney 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™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up 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 “West Pymble, NSW 2073”

  1. The total adult population (15 years or older) of West Pymble 2073 NSW is 4,235, with a median age of 41. Of those, 62.64% are married, 6.16% are divorced or separated, 27.44% are single and 3.90% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $15,632. The median monthly mortgage repayment for households in this suburb is $3,467 which is 22.18% of their earnings.

    Source: ABS Census Data (2021)

  2. The affluent suburb of WEST PYMBLE 2073 is located in New South Wales and is home to approximately 1895 households. As of the third quarter of 2023, the typical price for houses in this area is a staggering $2,526,737 while the median weekly rent stands at $979, resulting in an indicative yield of 2.01%. Although slightly below the 3% benchmark attractive to cashflow-centered property investors, this yield may suggest potential for capital growth.

    The WEST PYMBLE suburb boasts a high IRSAD score of 1172 out of a possible 1217, reflecting a superior socio-economic status in the area, attributed to high income levels and access to economic resources. Furthermore, the area maintains an advantageous renter to owner ratio of 10%, well below the 30% benchmark. This implies that the suburb is predominantly comprised of homeowners, contributing to an attractive ‘vibe’ fostering a sense of community and long-term investment potential.

    Significantly, the units to houses ratio rests at 0%, revealing a lack of apartments, flats, studios and units that pose high competition for landlords. With an unsplit market, the suburb attracts more families, fostering longer tenancy periods and maintaining high rental yields, making it a favourable location for property investors.

    However, the suburb’s affordability index of 63 years signifies a lesser degree of affordability amongst residents, considering a standard 30-year mortgage assumption. This lengthy period to fully own property can somewhat lower its appeal for potential investor interest.

    Supply metrics, which include stock on market Percentage and building approvals Ratio, are crucial in providing insight to market conditions. In WEST PYMBLE, the stock on the market is lower than average at 0.22%, while building approvals ratio sits at 1.03%, under the 2% threshold indicating high supply. Both these metrics suggest a favourable market condition with limited supply.

    The inventory level is just 0.57 months, pointing towards a rapid absorption of properties entering the market. This measure further solidifies the high demand but brief supply narrative in the area. It takes an average of only 20 days for houses to sell, demonstrating a strong demand with quick turnaround times.

    The suburb’s vacancy rate, which is a combined figure for houses and units, sits comfortably at a neutral 2.06%, reinforcing a healthy balance between supply and demand. In regards to search indices, the buy search index is exactly 5, indicating an average level of buyer interest compared to statewide patterns.

    In conclusion, despite the high cost of purchase, WEST PYMBLE’s robust socio-economic class, homeowner-dominated occupancy, and minimal supply create favourable conditions for potential property investors, particularly those more focused on capital growth than immediate cash flow. A holistic view of all metrics is crucial, so make sure to keep informed on how they fluctuate over time. Our Relative Composite Score (RCS) developed by HtAG Analytics uses over 80 metrics automating the research providing a comprehensive and thorough understanding of the property market.

    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