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Petersham, NSW 2049

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 Petersham, NSW 2049 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 “Petersham, NSW 2049”

  1. The total adult population (15 years or older) of Petersham 2049 NSW is 7,163, with a median age of 36. Of those, 29.85% are married, 10.54% are divorced or separated, 56.90% are single and 2.74% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $12,808. The median monthly mortgage repayment for households in this suburb is $2,900 which is 22.64% of their earnings.

    Source: ABS Census Data (2021)

  2. Petersham, bearing the postal code 2049, is a suburb in New South Wales that is home to approximately 4787 households. As we make our way through the third quarter of 2023, the residential property market in this suburb is showing some noteworthy figures.

    Typical prices for houses in Petersham currently average at around $1,980,903. With a median weekly rent of $889, this results in an indicative yield of 2.33%. Although notable, this yield presently falls short of the attractive minimum 3% market threshold that cashflow-oriented property investors look out for highlighting a need for cautious investing.

    The IRSAD score of the suburb stands at 1119 out of a maximum of 1217. This positive figure emphasises a relatively high socio-economic status of the residents, with better access to economic resources and professions.

    When it comes to property ownership in Petersham, there’s a higher presence of renters as depicted by the renter to owner ratio of 51%. This higher tendency towards renting could intensify competition among property investors, potentially impacting long-term returns and the overall appeal of the area.

    In terms of property types, the suburb’s units to houses ratio settles at 45% which falls under the favourable range. This signifies a healthier, balanced market with fewer competition among property investors.

    However, one critical area of concern is the affordability index for houses in Petersham that currently stands at 61 years. It suggests that property prices are on the higher end, impacting affordability significantly.

    The suburb’s housing market carries a comforting low supply as evidenced by a stock on market Percentage of 0.16% and an inventory level of just 0.91 months. Additionally, the building approvals Ratio of 0.1% indicates a low inflow of new housing stocks into the market. These low supply metrics when combined with the speedy average of just 20 days on market for houses, alludes to a potential property market heating up.

    The Vacancy Rate, encompassing both houses and units, sits at a favourable 1.24%, signalling a strong residential demand in Petersham. Furthermore, the buy search index for houses measures at 5, demonstrating an average level of demand in the market.

    While these figures present some potential for lucrative property investment in Petersham, it is crucial to base any decisions on extensive understanding and trend analysis of the property market data. Engaging tools like HtAG Analytics’ RCS can automate this research for efficient and informed decision-making. Investors must keep an eye on market movements and adapt strategies accordingly for optimal results.

    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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