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Northbridge, NSW 2063

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 Northbridge, NSW 2063 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 “Northbridge, NSW 2063”

  1. The total adult population (15 years or older) of Northbridge 2063 NSW is 5,167, with a median age of 44. Of those, 59.65% are married, 7.51% are divorced or separated, 27.04% are single and 5.81% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $18,600. The median monthly mortgage repayment for households in this suburb is $4,649 which is 24.99% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in NSW is the lustrous suburb of Northbridge, post code 2063, a community composed of approximately 2593 households. As Q3 of 2023 draws to a close, housing price tags in Northbridge averagely hover around the mark of an impressive $4,228,723. This is coupled with a median weekly rent of $1,362, contributing to an indicative yield of 1.67%.

    Profoundly, Northbridge prides in a viable socio-economic sitch, as illustrated by a compelling IRSAD score of 1181 out of a possible 1217. This high score indicates a society enriched with significant access to economic resources, a bounty of high-income earners, and a pool of skilled professionals. The renter to owner ratio settles favourably at 20%. A lower ratio, as demonstrated here, is desirable since it implies more homeowners in the area, which often equates to less competition among property investors and possibly higher rental yields in the long run.

    In terms of housing variety, Northbridge boasts a balanced dynamic, with only 22% of the property market populated by units such as apartments and flats. With a ubiquity of houses, the suburb tends to attract families, who traditionally serve as longer-term tenants, solidifying rental yields for investors.

    Yet, purchasing a house in Northbridge is no mean feat, with the suburb’s affordability index at 89 years. This lengthy duration is derived from typical household incomes, price trends, and current interest rates, and implies the area may present intense barriers to entry for potential homeowners.

    Supply-wise, Northbridge endorses a remarkably low stock on market Percentage of 0.05%. This intimates a favourably low level of unsold properties – a boon for sellers in the property market. Furthermore, the inventory levels stand at a mere 0.21 months, an amount reflecting a favourable low supply market scenario – ideal for sellers hoping to find buyers quickly.

    Newly-approved residences contribute only 0.38% to the total existing property pool, demonstrating a low mushrooming of dwellings waiting to hit the market – a favourable prospect for existing property owners and investors alike.

    The suburb exhibits an attractive high demand as reflected by the days on market figure of just 26 days, showing that residential properties are relatively quick to find new owners.

    However, the vacancy rate hits a shaky note at 4.51%, indicating a slight surplus of vacant units. While this value is above the sought-after threshold of 3.5%, it’s important to keep a close eye on this metrics’ trend to accurately gauge future supply-demand dynamics.

    Turning to the virtual property market scene, the buy search index for houses in Northbridge stands at a neutral 4. Considering this index alongside other indicators presents a fairly balanced demand scenario.

    Absorbing a holistic view of the current and evolving property market scenario might necessitate observing a Relative Composite Score (RCS). The RCS automates this analysis by employing over 80 metrics, enabling property investors to stay abreast of market developments effectively and efficiently.

    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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