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North Willoughby, NSW 2068

Home » NSW Real Estate Data » Willoughby City Council, NSW » North Willoughby, NSW 2068

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 North Willoughby, NSW 2068 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™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “North Willoughby, NSW 2068”

  1. The total adult population (15 years or older) of North Willoughby 2068 NSW is 3,255, with a median age of 40. Of those, 54.10% are married, 10.88% are divorced or separated, 30.35% are single and 4.49% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $12,600. The median monthly mortgage repayment for households in this suburb is $3,275 which is 25.99% of their earnings.

    Source: ABS Census Data (2021)

  2. Positioned within NSW, the suburb of North Willoughby 2068 is home to an estimated 1771 households. As we moved into the third quarter of 2023, housing prices in this suburb were typically around $3,612,571. Renters are often looking at a median weekly rental price of $1098, which gives us an indicative yield of 1.58%.

    From a socio-economic perspective, North Willoughby is performing impressively, scoring 1125 out of 1217 on the IRSAD index. This high score signifies a substantial presence of residents with access to economic resources, promising income levels and professional occupations, which makes the suburb an attractive place for potential homeowners and investors.

    When it comes to property ownership, the suburb exhibits a renter to owner ratio of 33%, fitting comfortably beneath the 45% threshold that could indicate a riskier investment. The unit to houses ratio, an important determinant in assessing the saturation of the rental market, sits favourably at 34%. This percentage suggests a healthy balance between units and houses, reducing landlord competition and promoting potentially higher rental yields.

    Despite the higher-end property prices, North Willoughby’s affordability index sits at a somewhat challenging 112 years. This figure means it would theoretically take homeowners over a century to fully own their property given the current financial climate, median family income and house prices.

    On the supply front, the stock on market Percentage is just 0.07% and the inventory level is 0.32 months, both lying in the favourable lower end of the spectrum. They indicate a limited supply of houses available in the market, a potential boon for investors seeking capital gains.

    Moreover, the building approvals Ratio is at 0.58%, which is below the 2% mark, suggesting the new dwelling stock remains low – another positive signal for prospective house buyers or investors.

    However, the average number of days houses remain active on the market – often referred to as days on market (DoM) – is relatively high at 108 days. This figure signifies a slower pace in terms of property transactions, which suggests demand might not be as robust.

    Counteracting that, the exceptionally low vacancy rate of 0.35% echoes high demand with limited supply. Consequently, renters might be willing to pay a higher price due to limited alternatives in the suburb or its close vicinity.

    Lastly, with a buy search index of 5, North Willoughby sits at the state/city average level in terms of online ‘buy’ searches. This figure suggests a balanced demand for property buying in this suburb.

    It’s noteworthy to mention that while some metrics such as affordability index and DoM fall into the less favourable range, the overall picture which includes metrics like IRSAD score, supply indicators and vacancy rate, make North Willoughby a promising locale in the Australian property market spectrum. It’s also crucial to consider the Relative Composite Score (RCS) by HtAG Analytics, which simplifies market analysis by integrating more than 80 metrics in the scores.

    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.

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