Inner West CouncilEconomic profile
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Inner West Council area

Housing prices

At June 2018, the median house valuation in the Inner West Council area was $794,015 higher compared to New South Wales.

This indicator shows the value of houses and units in the Inner West Council area 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: $639,193 New South Wales: $712,545 New South Wales: $740,444 Greater Sydney: $724,796 Greater Sydney: $865,140 Greater Sydney: $949,151 Greater Sydney: $1,068,529 Greater Sydney: $1,053,944 Inner West Council area: $1,041,377 Inner West Council area: $1,230,812 Inner West Council area: $1,358,266 Inner West Council area: $1,624,455 Inner West Council area: $1,534,459
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: $613,880 New South Wales: $671,373 New South Wales: $676,368 Greater Sydney: $566,726 Greater Sydney: $639,516 Greater Sydney: $699,292 Greater Sydney: $764,612 Greater Sydney: $752,913 Inner West Council area: $571,653 Inner West Council area: $644,398 Inner West Council area: $697,882 Inner West Council area: $766,585 Inner West Council area: $752,272
Source: Hometrack 2014-2018, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Inner West Council areaGreater SydneyNew South WalesInner West Council areaGreater SydneyNew South Wales
2018$1,534,459$1,053,944$740,444$752,272$752,913$676,368
2017$1,624,455$1,068,529$712,545$766,585$764,612$671,373
2016$1,358,266$949,151$639,193$697,882$699,292$613,880
2015$1,230,812$865,140$569,226$644,398$639,516$559,521
2014$1,041,377$724,796$508,933$571,653$566,726$496,521

Source: Hometrack 2014-2018, Housing Valuation System.

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