Get a property report and suburb profile for any property in Artarmon

Artarmon is a leafy North Shore suburb that mixes established residential streets with a long-standing commercial and light industrial precinct. Tree-lined roads feature Federation and Californian bungalow houses alongside pockets of low and mid-rise apartments clustered near Artarmon station. The village around the station supplies everyday shops, cafes and services, and nearby business areas provide local employment. The community is strongly family-oriented, with 9,417 people and a median age of 37, and renting is the most common form of tenure at 51.2%.

Parks and green corridors that feed toward the Lane Cove River are close by, and there are straightforward rail and road links for commuting. Council is delivering a Hampden Road streetscape upgrade to calm traffic and improve pedestrian access at the station, and other local projects include adaptive reuse of the former bowling club, an affordable housing development and a completed NSW Ambulance superstation. That mix of housing, green space, shops and transport tends to suit families and professionals; whether it fits you comes down to what you value in a suburb.

Buying a unit in Artarmon at $990,000 works out to about 7.9 times a typical local household's annual income, using the $2,420 a week recorded at the last Census, which places buying well above what people locally earned then. Renting would take a large share of that Census income: $1,200 a week for a house is about 49.6% of a typical local household's weekly income at the last Census, while $775 a week for a unit is about 32.0%. If you're renting rather than buying, the rent share is the number that matters; whether these levels feel expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The past year in Artarmon has been divided between very different moves for houses and units. Median house values fell 14.4% and house rents fell 13.0%, both sizeable declines over the 12 months. Units moved the other way: unit values edged up 1.9% while unit rents rose 6.2%, a solid increase. For someone weighing Artarmon as an investment, those value figures point to capital changes over the year and the rent figures show what happened to rental income. If rental income is your priority, unit rents were the stronger performer this year; if capital growth matters more, houses and units showed opposite directions over the period.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.