Sutherland suburb profile
Sutherland is a well-established suburb located in Sydney's southern region, approximately 30km from the CBD. Known for its family-friendly atmosphere and strong community spirit, Sutherland offers a mix of residential, commercial, and recreational spaces. The suburb is well-serviced by public transport, including a major train station, making it a convenient location for commuters. Sutherland boasts a variety of amenities, including shopping centres, schools, and parks, such as the popular Royal National Park nearby. Its blend of suburban tranquility and accessibility to urban conveniences makes Sutherland a desirable place for families and professionals alike.
Sutherland property market performance
Current median dwelling price$1,048,000Past 3 months
Property growth+5.2%Past 12 months
Sutherland's property market has shown stability and growth over the past 12 months. The median house price has remained steady at $1.75 million, while unit values have increased by 7%, bringing the median unit price to $800,000. This indicates a rising demand for units in the area.
Sales activity has been more robust in the unit market, with 63 units sold compared to just 8 houses over the past three months. Units are also selling faster, with a median of 16 days on the market, whereas houses are taking 47 days, suggesting a stronger demand for units.
The rental market in Sutherland has seen a notable increase in unit rents, which have risen by 8.3% over the last 12 months, while house rents have remained unchanged at $650. This trend highlights a growing preference for rental units in the suburb.
Houses | Units | |
---|---|---|
Median price Past 3 months | $1.31M | $790K |
Change in value Past 12 months | 3.8% | 6.7% |
Sold Past 3 months | 17 | 41 |
Median days on market Past 12 months | 41 | 32 |
Average rent Past 12 months | $800 | $650 |
Change in rent Past 12 months | -0.6% | 8.3% |
5 year median price trend for houses and units
Sutherland demographics
Sutherland, located in the southern part of Sydney, is a suburb that offers a blend of suburban tranquility and urban convenience. Known for its family-friendly environment, Sutherland is a popular choice for those seeking a balanced lifestyle with access to both natural beauty and city amenities. The median age of 37 suggests a mature community, with a mix of young families and established residents who appreciate the suburb's peaceful atmosphere and proximity to the Royal National Park.
The housing landscape in Sutherland is diverse, with a significant portion of properties being rented, accounting for 43.5% of the market. This indicates a demand for flexible living arrangements, appealing to both young professionals and families. Meanwhile, 22.9% of homes are owned outright, and 33.6% are owned with a mortgage, reflecting a stable property market with opportunities for both long-term residents and new buyers.
Family dynamics in Sutherland are varied, with couple families without children making up 42.7% of the population, while couple families with children account for 37.6%. One-parent families represent 17.9%, highlighting the suburb's inclusive nature. Sutherland's community is supported by a range of local amenities, including schools, parks, and shopping centers, making it an attractive option for those seeking a well-rounded suburban lifestyle.
Sutherland infrastructure, key developments and investment opportunities
Sutherland is experiencing several developments that could impact its property market. The ongoing redevelopment of South Village shopping center is set to enhance local retail and dining options, potentially increasing the area's appeal. Additionally, upgrades to Sutherland Leisure Centre and improvements to local parks and sporting facilities are enhancing community amenities, which may attract more families to the suburb.
Infrastructure improvements include the planned upgrade of Sutherland Station, which will improve accessibility and potentially boost property values in the vicinity. The suburb's proximity to the Royal National Park and its position as the administrative center of Sutherland Shire continue to underpin its desirability. These developments, combined with Sutherland's established schools and transport links, are likely to sustain strong interest in the local property market.
Sutherland rental market trends
The rental market in Sutherland has shown stability for houses, with rents remaining unchanged at $650 per week over the past year. In contrast, unit rents have experienced an 8.3% increase, also reaching $650 per week. This growth in unit rents highlights a rising demand for more affordable living options in this well-connected suburb, making it an attractive choice for renters.
Suburbs near Sutherland
Some popular suburbs near Sutherland include:
How does Sutherland compare to nearby suburbs?
- Median house prices: Sutherland’s median house price is 8.8% lower than Jannali’s.
- Median unit prices: Sutherland’s median unit price is 4.1% higher than Jannali’s.
- House price growth: Over the past 12 months, house prices in Sutherland have grown 3.2% higher than in Jannali.
- Unit price growth: Over the past 12 months, unit prices in Sutherland have grown 3.2% higher than in Jannali.
- Selling speed for houses: Properties in Sutherland are selling 50.6% faster than in Jannali.
- Selling speed for units: Properties in Sutherland are selling 40.7% faster than in Jannali.
- Investment considerations: In Sutherland, the rental yield for house is 8.5% lower than the Sydney average, while the rental yield for units is 12.6% lower.
- House price growth: Over the past 12 months, house prices in Sutherland have grown 27.4% lower than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Sutherland have grown 14.3% lower than the average rate of growth for units across Sydney.