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Cumberland Council

Housing prices

At June 2018, the median house valuation in the Cumberland Council area was $158,621 higher compared to New South Wales.

This indicator shows the value of houses and units in the Cumberland Council and wider region during the period 2014-2018. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses New South Wales: $508,933 New South Wales: $569,226 New South Wales: $712,545 New South Wales: $740,444 Greater Sydney: $724,796 Greater Sydney: $865,140 Greater Sydney: $1,068,529 Greater Sydney: $1,053,944 Cumberland Council area: $613,497 Cumberland Council area: $755,948 Cumberland Council area: $896,396 Cumberland Council area: $899,065
Source: Hometrack 2014-2018, Housing Valuation System
Value of units
Value of units New South Wales: $496,521 New South Wales: $559,521 New South Wales: $671,373 New South Wales: $676,368 Greater Sydney: $566,726 Greater Sydney: $639,516 Greater Sydney: $764,612 Greater Sydney: $752,913 Cumberland Council area: $404,152 Cumberland Council area: $468,326 Cumberland Council area: $541,958 Cumberland Council area: $547,052
Source: Hometrack 2014-2018, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Cumberland Council areaGreater SydneyNew South WalesCumberland Council areaGreater SydneyNew South Wales
2018$899,065$1,053,944$740,444$547,052$752,913$676,368
2017$896,396$1,068,529$712,545$541,958$764,612$671,373
2015$755,948$865,140$569,226$468,326$639,516$559,521
2014$613,497$724,796$508,933$404,152$566,726$496,521

Source: Hometrack 2014-2018, Housing Valuation System.

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