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Yennora, NSW 2161

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 Yennora, NSW 2161 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 “Yennora, NSW 2161”

  1. The total adult population (15 years or older) of Yennora 2161 NSW is 1,408, with a median age of 43. Of those, 38.85% are married, 15.98% are divorced or separated, 33.95% are single and 11.51% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $5,196. The median monthly mortgage repayment for households in this suburb is $2,000 which is 38.49% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in New South Wales, the suburb of Yennora 2161 houses approximately 991 households. By the third quarter of 2023, the typical price for a house in Yennora stands at $943,719. In tandem, the median weekly rent of $486 gives an indicative yield of 2.68%, slightly falling short of the minimum attractive market requirement of 3% for cashflow-oriented investors.

    The IRSAD score of 831 out of a possible 1217 suggests a relatively acceptable socio-economic status, though not the highest, suggesting a proportionate blend of economic resources, income levels and professional skills.

    Investors looking at Yennora need to be aware that the renter to owner ratio of 55% is above the recommended 30%, implying a concentration of renters, thus making it a questionable investment due to possible lower returns and higher competition.

    However, the 12% units to houses ratio indicates a lower proportion of units, suggesting a favorable environment with less competition among landlords, and higher likelihood of attracting tenants seeking houses rather than units.

    The affordability index of Yennora indicates 71 years to own a property: a figure well beyond the standard 30-year mortgage assumption, suggesting decreased affordability and a potential roadblock for aspiring homeowners.

    In terms of supply metrics, houses in Yennora paint an attractive picture with a stock on market Percentage of just 0.13%, signalling scarce supply and thus potentially driving up property value. This is further reinforced by an inventory indicator of merely 1.0 month, showing a robust absorption rate of fresh housing listings.

    Furthermore, the building approvals Ratio for houses stands at 2.02%, showing a favourable balance and low supply of new houses in the market. With an average of just 19 days on the market, demand for houses in Yennora seems brisk.

    The combined vacancy rate for houses and units stands impressively low at 0.55%, paving high demand. Meanwhile, the buy search index calculated for houses in Yennora stands at 4, indicating neutral demand.

    In summary, while property investment in Yennora 2161 does carry some areas of concern, predominantly in its renter to owner ratio and affordability index, it also showcases some very promising indicators on the supply-demand balance and socio-economic front. As with any property investment, a balanced perspective taking into consideration all market metrics and dynamics remains key.

    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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