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Tempe, NSW 2044

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 Tempe, NSW 2044 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 “Tempe, NSW 2044”

  1. The total adult population (15 years or older) of Tempe 2044 NSW is 2,902, with a median age of 39. Of those, 40.66% are married, 10.65% are divorced or separated, 44.76% are single and 4.03% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $11,384. The median monthly mortgage repayment for households in this suburb is $3,000 which is 26.35% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in New South Wales, the suburb of Tempe 2044 is a dynamic community of around 1580 households. As we delve into the property market statistics for Q3 2023, we glean insightful information about the housing scene in this neighbourhood.

    Typical house prices in Tempe 2044 hover around $1,491,833 mark, with median weekly rent standing at $741. These figures generate an indicative yield of 2.58%. Although falling short of the ideal 3% yield that cashflow-centred property investors often look for, it can still offer a positive return for an investment strategy focused not only on cash flow but also on capital growth, given the other favourable metrics in the area.

    From a socio-economic perspective, the suburb scores 1084 on the IRSAD scale out of a possible 1217, placing it on the higher end of economic resource access, income levels and professional potential. This is an encouraging factor for both property investors and residents, indicating a robust local economy and potential for long term stability and capital growth.

    An inspection of the renter to owner ratio reveals a proportion of 26%, marking it as favourable. This low ratio indicates less saturation of rental properties, which is advantageous in maintaining higher rental yields and could result in less competition among landlords.

    With a mere 2% units to houses ratio, the housing market veers towards standalone houses instead of units or apartments, making the area attractive to families eyeing longer tenancy periods. This limited oversaturation of units can fend off potential price drops in a cooling market or then or regulatory changes.

    However, prospective homeowners and investors should factor in the affordability index standing at 51 years, indicating a certain level of unaffordability considering it exceeds the standard 30-year mortgage timeframe.

    Supply metrics present a favourable landscape with a low stock on market Percentage of 0.27% and an inventory level of 1.04 months, indicating a significantly absorbed property market with few houses waiting to be sold.

    The suburb’s Building Approval Ratio for houses is at 0%, indicating no new stock entering the market. This might further enhance the supply-demand balance favouring sellers and landlords in the near future.

    With houses remaining on the market for an average of 36 days, this reflects reasonably high demand in line with the vacancy rate of 1.74% which is well within the high-demand scale. The buy search index for houses at 5 falls at the state average, highlighting a stable level of buyer interest in the area.

    Fundamentally, although certain metrics, such as the affordability index, may fall out of the favourable range, other indicators like a high socio-economic score, low renter-owner ratio, and low unit-house ratio position the Tempe 2044 housing market as a promising investment landscape.

    It is essential to monitor these real estate trends regularly for potential opportunities and to validate smart real estate investments. It should be noted that RCA developed by HtAG Analytics automates this research process using over 80 metrics to offer a comprehensive market overview.

    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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