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Drummoyne, NSW 2047

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong GrowthWalkable

Median House

$3,155,000

market range $3.0M-$3.4M

Median Unit

$1,480,000

market range $1.4M-$1.8M

Gross Yield (houses)

2.4%

1yr Growth (houses)

+6.3%

market range -2.5% to +15.0%

Investment snapshot for Drummoyne

Drummoyne has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

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Drummoyne market and investor summary

In Drummoyne, NSW 2047, the median house sells for around $3.2M, on a gross rental yield of 2.4% for houses. House prices have moved +6.3% over the past year and +6.9% over three years. At 2.0% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.4% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Drummoyne: people, income and schools

About 12,011 people live in Drummoyne, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, and families account for 68% of households.

The typical household income runs to around $144,000 a year (about $2,780 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 21.9 times local household income, so affordability is a genuine constraint on local buyers.

Families have 94 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Drummoyne sits about 5.5 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 77 for walkability and 78 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
12,011
+2% over 5yr
Median age
42 years
Median household income
$144,000/yr
Households renting
36%
Family households
68%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
94
avg ICSEA 1143
Unemployment
2.2%
Distance to CBD
5.5 km
Walk score
77/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Drummoyne

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Frequently asked questions about Drummoyne

What should I check before investing in Drummoyne?

Drummoyne has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +6.3% in the past year shows positive recent price momentum. Walkability score of 77 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Drummoyne?

The median property price in Drummoyne, NSW 2047 is $3.2M for houses and $1.5M for units.

What rental yield does Drummoyne show?

The gross rental yield in Drummoyne is 2.4% for houses and 3.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Drummoyne?

House prices in Drummoyne are up 6.3% over the past year and up 6.9% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Drummoyne?

The current vacancy rate in Drummoyne is 2.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Drummoyne?

Drummoyne has a population of approximately 12,011 residents, with a median age of 42.

What schools are near Drummoyne?

There are 94 schools within roughly 5km of Drummoyne. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Drummoyne affordable to buy in?

A median house in Drummoyne costs about 21.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Drummoyne's population growing?

The population of Drummoyne has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Drummoyne from the CBD?

Drummoyne is about 5.5 km from the CBD.

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