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Epping suburb profile

Epping is a well-established suburb in Sydney's north-west, known for its leafy streets, excellent schools, and strong community spirit. Situated approximately 18km from the Sydney CBD, Epping offers a blend of suburban tranquility and urban convenience. The suburb is well-served by public transport, including a major train station that connects to the city and surrounding areas. Epping boasts a diverse range of housing options, from charming heritage homes to modern apartments, catering to families, professionals, and retirees. Its vibrant local shopping precinct, parks, and recreational facilities contribute to its appeal as a desirable place to live.

Epping property market performance

Epping's property market has experienced notable growth over the past 12 months, with house values increasing by 10.4% and unit values rising by 3.2%. The median house price has reached $2.6 million, while units have averaged $800,000, indicating strong demand in the area.

Sales activity has been robust, with 70 houses and 150 units sold over the past 12 months. Houses are selling slightly slower than units, with a median of 37 days on the market compared to 30 days for units, suggesting a competitive market for both property types.

In the rental market, house rents have remained stable with no change over the last 12 months, while unit rents have increased by 9.2%, reflecting a growing demand for rental units in Epping.

Median price - houses$2.59MPast 3 months

Median price - units$800KPast 3 months

Change in value - houses8.9%12 months

Change in value - units2.6%12 months

Houses sold71Past 3 months

Units sold132Past 3 months

Median DOM - houses37Past 12 months

Median DOM - units30Past 12 months

Average rent - houses$850Past 12 months

Average rent - units$730Past 12 months

Change in rent - houses-3.4%Past 12 months

Change in rent - units9.0%Past 12 months

Epping demographics

Epping, located in the northern suburbs of Sydney, is a thriving community known for its family-friendly environment and excellent amenities. With a population of 29,551 and a median age of 36, Epping is a suburb that appeals to a diverse range of residents, from young families to professionals and retirees. The suburb's strong sense of community is reflected in the high percentage of couple families with children, which make up 52.9% of all families, indicating a family-oriented atmosphere.

The housing market in Epping is varied, with a significant portion of properties being owned outright (27.6%) or with a mortgage (29.4%), suggesting a stable and established community. However, there is also a substantial rental market, with 43% of properties being rented, which provides flexibility for those who prefer not to buy. This mix of ownership and rental options makes Epping an attractive suburb for both long-term residents and newcomers looking for a place to settle.

Epping's median total household income of $2,243 per week is indicative of a relatively affluent community, supported by its proximity to major employment hubs and excellent transport links, including the Epping railway station. The suburb's educational facilities, parks, and shopping centers further enhance its appeal, making it a desirable location for families seeking a balanced lifestyle with access to both urban conveniences and suburban tranquility.

Epping infrastructure, key developments and investment opportunities

Epping is undergoing significant urban renewal, with major redevelopment planned for the town center. The NSW government has designated Epping as an "Urban Renewal Area", allowing for increased building heights of up to 22 storeys within 400 meters of the railway station. This is expected to add around 3,750 new homes to the suburb, potentially boosting property values but raising concerns about increased density.

The suburb's transport infrastructure has been enhanced with the opening of the Sydney Metro Northwest line in 2019, providing rapid transit connections to the CBD and other parts of Sydney. Epping station remains a major transport hub, serving multiple train lines. The area continues to be well-regarded for its high-quality schools and leafy streets, maintaining its appeal for families and professionals seeking a balance of urban convenience and suburban living.

Epping rental market trends

The rental market in Epping has shown stability for houses, with rents remaining unchanged at $850 per week over the past year. In contrast, unit rents have experienced a 9.2% increase, reaching $720 per week. Epping continues to attract renters and investors alike, thanks to its strategic location and ongoing development in local infrastructure.

Suburbs near Epping

Some popular suburbs near Epping include:

Common questions about Epping

  • Is Epping a nice place to live?

    Epping is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its leafy streets and strong community spirit, Epping provides a welcoming environment for families, professionals, and retirees alike. The suburb's vibrant local shopping precinct, along with its parks and recreational facilities, ensures that residents have plenty of options for leisure and relaxation. With excellent transport links, including a major train station, commuting to the Sydney CBD and surrounding areas is a breeze, adding to the suburb's appeal.

    Families will find Epping particularly attractive due to its high-quality schools and family-friendly atmosphere. The suburb's diverse range of housing options, from charming heritage homes to modern apartments, caters to various lifestyle preferences and needs. While Epping offers a peaceful suburban vibe, it is not without its trade-offs. The ongoing urban renewal and redevelopment in the town center promise to enhance the area's amenities and property values, but they also bring concerns about increased density and potential changes to the suburb's character.

    Safety is generally not a major concern in Epping, contributing to its reputation as a secure and stable community. While the suburb may lack the nightlife and trendiness of inner-city areas, it compensates with a strong sense of community and a balanced lifestyle. For those seeking a suburb that combines the best of both worlds—urban convenience and suburban tranquility—Epping is a charming choice that continues to attract a diverse range of residents.

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  • Is it expensive to live in Epping?

    Living in Epping can be quite expensive, especially when it comes to housing. The current median house price is a hefty $2,600,000, which is significantly higher than many other suburbs in the area. If you're considering buying a unit instead, the median price is around $800,000, which is more affordable but still on the higher side compared to other parts of New South Wales.

    Renting in Epping is also pricey, with average rents for houses at $850 per week and units at $720 per week. These figures suggest that a large portion of your income would go towards housing costs if you choose to live here. However, it's worth noting that the average weekly wage in Epping is $2,243, which is considerably higher than the NSW state average of $1,814.90. This means that while the cost of living is high, residents in Epping generally earn more, which can help offset the expenses.

    Overall, Epping offers a desirable location with its amenities and transport links, but the cost of living, particularly in terms of housing, is on the expensive side. If you're thinking of living in Epping, it's important to weigh your financial situation against these costs to ensure it aligns with your budget.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Epping a good place to invest?

    Epping is a promising suburb for investment, particularly for those interested in long-term growth. Over the past year, the suburb has experienced a significant 10.4% increase in median house values, indicating strong demand and potential for capital appreciation. While the growth in unit values has been more modest at 3.2%, the rental market for units has seen a substantial 9.2% increase, suggesting a rising demand for rental properties in the area.

    The stability in house rents, with no change over the last 12 months, might indicate a balanced market for family homes, maintaining its appeal to long-term renters. Epping's strategic location, with its proximity to major transport links and educational institutions, adds to its attractiveness for both buyers and renters. This combination of factors makes Epping a solid choice for investors seeking a mix of capital growth and rental income potential.

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