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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Summerhill, the median property price for a house is currently 530,000 with annual capital growth of -6.19 . There were 56 house sales in the past 12 months. On average, houses spend 17 days on market.
If you're thinking about buying an investment property in Summerhill, consider that rental yields for houses are currently 4.90 with an average median rent of 490 weekly. Houses have seen 0.14 growth in the past quarter, and -6.19 growth in the past 12 months.
The size of Summerhill is approximately 2.3 square kilometres. It has 10 parks covering nearly 10.9% of total area. The population of Summerhill in 2011 was 3,160 people. By 2016 the population was 3,169 showing a population growth of 0.3% in the area during that time. The predominant age group in Summerhill is 50-59 years.
Households in Summerhill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Summerhill work in a trades occupation. In 2011, 70% of the homes in Summerhill were owner-occupied compared with 69.6% in 2016.
In Summerhill, the median property price for a unit is currently 415,000 with annual capital growth of -5.63 . There were 11 unit sales in the past 12 months. On average, units spend 28 days on market.
If you're thinking about buying an investment property in Summerhill, consider that rental yields for units are currently 5.13 with an average median rent of 442 weekly. Units have seen 1.22 growth in the past quarter, and -5.63 growth in the past 12 months.
The size of Summerhill is approximately 2.3 square kilometres. It has 10 parks covering nearly 10.9% of total area. The population of Summerhill in 2011 was 3,160 people. By 2016 the population was 3,169 showing a population growth of 0.3% in the area during that time. The predominant age group in Summerhill is 50-59 years.
Households in Summerhill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Summerhill work in a trades occupation. In 2011, 70% of the homes in Summerhill were owner-occupied compared with 69.6% in 2016.
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| Key Market Data | House | Unit |
| Median price | 530,000 | 415,000 |
| Quarterly growth | +0.14 | +1.22 |
| 12-month growth | -6.19 | -5.63 |
| Average annual growth | +10.48 | +7.06 |
| Weekly median rent | 490 | 442 |
| Gross rental yield | 4.90 | 5.13 |
| Number of Sales (12m) | 56 | 11 |
| Avg. Days on Market (12m) | 17 | 28 |
| Key Demographics | 2011 | 2016 |
| Total population | 3,160 | 3,169 |
| Population change (5y) | +7.30 | +0.30 |
| Median household income (p/w) | 966 | 1,062 |
| Household income change (5y) | +10.27 | +9.94 |
| Median age of persons | 37 | 38 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Summerhill was 3,169 in 2016, a +0.30 change compared to 2011.
The predominant age group in Summerhill is 50-59 years.
The population of Summerhill was 3,169 in 2016, a +0.30 change compared to 2011.
The predominant age group in Summerhill is 10-19 years.
Most of the population in Summerhill were born in Australia.
Most of the population in Summerhill were born in Australia.
Most of the population in Summerhill report their religion as No Religion.
Most of the population in Summerhill report their religion as Anglican.
Most of the population in Summerhill report their income range as between 78,000 and 130,000 .
The median household income in Summerhill was 1,062 in 2016, a +9.94 change compared to 2011.
Most of the population in Summerhill report their income range as between 31,000 and 52,000 .
The median household income in Summerhill was 966 in 2011, a +10.27 change compared to 2006.
Most of the population in Summerhill work as Trades.
Most of the population in Summerhill work as Trades.
The chart below demonstrates the various levels of education in Summerhill.
The chart below demonstrates the various levels of education in Summerhill.
Most of the population in Summerhill reached a qualification level of Certificate.
Most of the population in Summerhill reached a qualification level of Certificate.
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