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Hurstville suburb profile

Hurstville is a bustling suburb located in the southern part of Sydney, approximately 16km from the CBD. Known for its vibrant multicultural community, Hurstville offers a rich tapestry of cultural experiences, reflected in its diverse dining options and bustling shopping precincts. The suburb is a major commercial hub, featuring Westfield Hurstville and a variety of local businesses. With excellent public transport links, including a major train station, Hurstville provides easy access to the city and surrounding areas. Its blend of urban convenience, cultural diversity, and family-friendly amenities makes Hurstville a popular choice for residents and visitors alike.

Hurstville property market performance

Hurstville's property market has shown positive growth over the past 12 months, with house values increasing by 8.4% and unit values rising by 4.9%. The median house price has averaged $2.01 million, while units have averaged $745,000, indicating a healthy demand for both property types.

Sales activity has been robust, with 44 houses and 130 units sold in the past 12 months. Units are selling faster than houses, with a median of 26 days on the market compared to 38 days for houses, suggesting strong interest in the unit market.

The rental market in Hurstville has also experienced significant growth, with average rents for houses increasing by 6.7% and units by 9.2% over the last 12 months, reflecting a strong demand for rental properties in the area.

Median price - houses$2.04MPast 3 months

Median price - units$745KPast 3 months

Change in value - houses9.3%12 months

Change in value - units4.2%12 months

Houses sold34Past 3 months

Units sold126Past 3 months

Median DOM - houses42Past 12 months

Median DOM - units26Past 12 months

Average rent - houses$793Past 12 months

Average rent - units$700Past 12 months

Change in rent - houses2.3%Past 12 months

Change in rent - units4.5%Past 12 months

Hurstville demographics

Hurstville, located in the southern suburbs of Sydney, is a bustling and diverse community known for its vibrant cultural scene and convenient amenities. With a population of 31,162 and a median age of 33, Hurstville is a youthful suburb that attracts a mix of families, young professionals, and students. The suburb's proximity to the city and excellent public transport links make it an attractive location for those seeking a balance between urban living and suburban comfort.

The housing landscape in Hurstville is varied, with nearly half of the properties being rented, indicating a strong demand for rental accommodation. This is complemented by a significant proportion of properties owned outright (24.6%) and those owned with a mortgage (26.3%), reflecting a stable and diverse housing market. The suburb's family-friendly environment is evident, with 41.2% of households being couple families with children, and 39.9% being couple families without children, showcasing its appeal to both growing families and couples.

Hurstville's community is enriched by its multicultural population, contributing to a vibrant local culture with a wide array of dining, shopping, and recreational options. The median total household income of $1,804 per week suggests a comfortable standard of living, supported by a range of employment opportunities in and around the area. Overall, Hurstville offers a dynamic and inclusive environment, making it a desirable place to live for a diverse range of residents.

Hurstville infrastructure, key developments and investment opportunities

Hurstville is undergoing significant development that is likely to impact its property market. The suburb's central business district is seeing ongoing high-density residential construction, adding new apartment supply. Westfield Hurstville, the major shopping center, continues to expand its retail and dining offerings, enhancing local amenities. Public transport remains a key strength, with Hurstville station serving as a major hub on Sydney's T4 Eastern Suburbs & Illawarra Line.

The Georges River Council has plans to revitalize the Hurstville city center, aiming to create more public spaces and improve walkability. This urban renewal, combined with Hurstville's multicultural character and strong Chinese-Australian community, is likely to sustain demand for properties in the area. The suburb's excellent schools, including selective Sydney Technical High School, continue to attract families, potentially supporting house prices in family-oriented areas.

Hurstville rental market trends

The rental market in Hurstville has experienced moderate growth, with house rents increasing by 6.7% over the past year to $800 per week, while unit rents have risen 9.2% to $710 per week. As a vibrant suburb with a diverse community and excellent transport links, Hurstville continues to attract both renters and investors seeking stable returns and a convenient lifestyle.

Suburbs near Hurstville

Some popular suburbs near Hurstville include:

Common questions about Hurstville

  • Is Hurstville a nice place to live?

    Hurstville is a fantastic place to call home, offering a lively and multicultural atmosphere that appeals to a wide range of residents. Its vibrant cultural scene is complemented by a variety of dining options and bustling shopping areas, making it a dynamic suburb with plenty to offer. The suburb's excellent public transport links, including a major train station, provide easy access to Sydney's CBD and surrounding areas, enhancing its appeal for those seeking urban convenience.

    Families will find Hurstville particularly attractive due to its family-friendly amenities and excellent schools, such as the renowned Sydney Technical High School. The suburb's diverse housing options cater to both renters and homeowners, providing a stable and varied market that suits different lifestyles. While the ongoing high-density residential developments may bring some changes, they also promise to enhance the local infrastructure and amenities, contributing to the suburb's growth and vibrancy.

    Safety is generally not a major concern in Hurstville, and the suburb's strong sense of community fosters a welcoming environment for all. However, the bustling nature of the area can mean that it feels quite busy at times, which might not suit those seeking a quieter lifestyle. Despite this, the suburb's blend of cultural diversity, urban convenience, and family-friendly features make it a delightful place to live for families, young professionals, and anyone looking for a lively community with easy access to the city.

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  • Is it expensive to live in Hurstville?

    Living in Hurstville can be quite expensive, especially when you consider the current property market. The median house price is a hefty $2,012,500, while units are more affordable at $745,000. Renting isn't exactly cheap either, with houses averaging $800 per week and units around $710 per week. When you compare these figures to the average annual wage in Hurstville, which is about $89,000, it becomes clear that a significant portion of income would need to be allocated towards housing costs.

    To put this into perspective, the median total household income in Hurstville is $1,804 per week. This suggests that many residents might find themselves stretching their budgets to afford the high cost of living. In contrast, the average wage in New South Wales is slightly lower than Hurstville, which means that living in this suburb may feel particularly pricey for those earning an average salary. If you are thinking of living in Hurstville, it's important to carefully consider your financial situation and lifestyle needs to ensure you can comfortably manage the expenses associated with this vibrant and diverse suburb.

    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 Hurstville a good place to invest?

    Hurstville is shaping up to be a promising suburb for investment, thanks to its recent property market performance. Over the last year, the median house value in Hurstville has increased by 8.4%, while units have seen a 4.9% rise. This steady growth indicates a healthy demand for properties in the area, making it an attractive option for investors looking for capital appreciation.

    In addition to property value growth, rental returns in Hurstville have also been impressive. House rents have increased by 6.7%, and unit rents have surged by 9.2% over the past year. This suggests a strong rental market, likely driven by the suburb's appeal to both families and young professionals seeking convenient access to amenities and transport links.

    Overall, Hurstville offers a balanced investment opportunity with both capital growth and rental income potential. Its strategic location, coupled with ongoing demand for housing, makes it a suburb worth considering for those looking to invest in the real estate market.

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