Drummoyne, NSW 2047: Suburb Profile & Property Report

Market Report

House report
Unit Report

Drummoyne has 93 houses available for sale. The median property price for a house is currently $2,900,000 with annual capital growth of 9.70% . There were 75 house sales in the past 12 months. On average, houses spend 34 days on market.

If you're thinking about buying an investment property in Drummoyne, consider that rental yields for houses are currently 2.04% with an average median rent of $990 weekly. Houses have seen 6.62% growth in the past quarter, and 9.70% growth in the past 12 months.

The size of Drummoyne is approximately 2.3 square kilometres. It has 19 parks covering nearly 9.5% of total area. The population of Drummoyne in 2011 was 11,377 people. By 2016 the population was 11,946 showing a population growth of 5.0% in the area during that time. The predominant age group in Drummoyne is 30-39 years.

Households in Drummoyne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Drummoyne work in a professional occupation. In 2011, 61.6% of the homes in Drummoyne were owner-occupied compared with 59.8% in 2016.

Drummoyne has 162 units available for sale. The median property price for a unit is currently $1,320,000 with annual capital growth of 10.18% . There were 162 unit sales in the past 12 months. On average, units spend 33 days on market.

If you're thinking about buying an investment property in Drummoyne, consider that rental yields for units are currently 3.11% with an average median rent of $760 weekly. Units have seen 1.54% growth in the past quarter, and 10.18% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$2,900,000	$1,320,000
Quarterly growth	+6.62%	+1.54%
12-month growth	+9.70%	+10.18%
Average annual growth	+11.34%	+4.84%
Weekly median rent	$990	$760
Gross rental yield	2.04%	3.11%
Number of Sales (12m)	75	162
Avg. Days on Market (12m)	34	33

Jump to Market Trends

Key Demographics	2011	2016
Total population	11,377	11,946
Population change (5y)	+9.54%	+5.00%
Median household income (p/w)	$2,213	$2,346
Household income change (5y)	+27.55%	+6.01%
Median age of persons	39	40

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Drummoyne is $2,900,000 for houses and $1,320,000 for units.

The Median Growth in Drummoyne over the past 12 months is 9.70% for houses and 10.18% for units.

Over the past 12 months there were 75 houses sold and 162 units sold in Drummoyne. On average, houses spent 34 days on market and units spent 33 days on market.

In the past 12 months up to July 2024 there were 75 houses sold and 162 units sold in Drummoyne. On average, houses spent 34 days on market and units spent 33 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Drummoyne is $990 for houses and $760 for units.

The Rental Yield in Drummoyne is 2.04% for houses and 3.11% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Drummoyne was 11,946 in 2016, a +5.00% change compared to 2011.

The predominant age group in Drummoyne is 30-39 years.

The population of Drummoyne was 11,946 in 2016, a +5.00% change compared to 2011.

The predominant age group in Drummoyne is 30-39 years.

Most of the population in Drummoyne were born in Australia.

Most of the population in Drummoyne report their religion as Catholic.

Most of the population in Drummoyne report their income range as $182,000 .

The median household income in Drummoyne was $2,346 in 2016, a +6.01% change compared to 2011.

Most of the population in Drummoyne report their income range as between $130,000 and $182,000 .

The median household income in Drummoyne was $2,213 in 2011, a +27.55% change compared to 2006.

Most of the population in Drummoyne work as Professional.

The chart below demonstrates the various levels of education in Drummoyne.

Most of the population in Drummoyne reached a qualification level of Bachelor.

2011 2016

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While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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