The Macarthur suburb of Ingleburn has increased greatly in the past five years with over 1000 additional residents now calling this growing precinct home.
According to the latest Census the suburb has increased from 13,902 residents in 2011 to 15,039 in 2016, resulting in the construction of 272 new dwellings.
But that’s not all that’s changed in the past five years. Let’s take a closer look at the growing region of Ingleburn and how its residents live.
Who lives in Ingleburn
The median age of Ingleburn residents has decreased by a year since 2011, with the current median age now 35. That’s three years younger than the state and national norms. The population comprises slightly more women than men with 59.2% of residents female and 49.8% male.
Meanwhile one fifth (20.6%) of residents are aged younger than 15, and 11.8% are aged over 65.
Of those 15 and older, almost half (49.5%) are married, 32.9% have never been married, 9% are divorced, 3.7% are separated, and 4.8% are widowed.
Most residents (76.7%) live in family households, 21% live alone and 2.3% share their accommodation. Of those family households, the majority (50.5%) comprise couples with children and they have on average 1.8 children each. A further 27.5% of households are couples without children, while 20.3% are single parent homes.
How Ingleburn residents fare financially
With a median weekly household income of $1401, Ingleburn residents earn slightly but not much less than the New South Wales median of $1486, and the national median of $1438.
And this marginal gap has widened a little since 2011 when Ingleburn households had a median income of $1210, NSW residents received $1237 and Australian households across the board had a median income of $1234 each week.
But a significant portion are doing better than they were five years ago. In 2011 only 8% of Ingleburn households had a gross weekly income of above $3000, and that figure has now risen to 11.9%.
Of that income, $1800 each month goes to a mortgage, while $360 each week goes to rent.
The monthly mortgage figure represents a rise on five years ago when the median mortgage payment for Ingleburn was $1733, but remains below the current NSW median mortgage payment of $1986, and only slightly above the national figure of $1755.
Meanwhile, the rent has risen significantly. In 2011, median weekly rental payments were just $290, but have increased by $70 in the past five years.
How Ingleburn residents live
Chances are if you live in Ingleburn you reside in a three-bedroom house. Just under 65% of the suburb’s dwelling are separate houses, a further 31.1% are townhouses or duplexes, and only 3.8% are units or flats.
This indicates the bulk of the 272 new dwellings constructed in the past five years are flats. In 2011 only 0.9% of the housing stock comprised units. There were also fewer townhouses at that time.
Of those dwellings most (53.8%) are three-bedroom homes, 25.6% comprise four bedrooms or more, 17.6% have two bedrooms, and 1.3% are one-bedroom abodes.
When it comes to ownership, over 65% of the households are owner occupied, with 37.5% of households paying a mortgage and 27.6% of properties owned outright. Almost a third (31.9%) of properties are rented.
This shows an increase in the proportion of homes in the rental pool over the past five years. In 2011, 28% of homes were rented, 40.1% were owned with a mortgage, and 29.3% were owned outright.
Located 44km from Sydney’s CBD, Ingleburn is a suburb that continues to attract interest with more residents, higher density housing and increased rental return since five years ago.
About United Strata
Centrally located in Mt Annan, United Strata specialises in real estate within the Macarthur region. We boast a wealth of insight into the current and future position of property in the region.
You can learn more about our services here, or contact us directly for further advice.