The demographics of Dulwich’s population

Dulwich, located in the London Borough of Southwark, is a charming residential area that has been growing in popularity in recent years. The area has a rich history, with its name being derived from the Old English words for “marshy meadow where dill grows.” Dulwich boasts a plethora of interesting landmarks and attractions, including Dulwich Park, Dulwich Picture Gallery, and the Horniman Museum and Gardens. If you are considering investing in a buy-to-let property in Dulwich, there are several key factors to consider.

Population Size and Growth

The population of Dulwich is around 30,000, and it has been steadily growing in recent years. According to the latest data, the population grew by 4.1% between 2011 and 2019. This growth rate is higher than the average for London boroughs, which was 3.1% over the same period. The steady increase in population is a positive indicator for investors, as it means there is a growing demand for housing in the area.

Age of Population

Dulwich has a diverse population in terms of age, with a mix of young professionals, families, and retirees. The median age in Dulwich is 36, which is slightly lower than the average for the UK, which is 40. In terms of age distribution, 18-34 year olds make up the largest demographic in Dulwich, accounting for 34% of the population. This is higher than the UK average of 22%. This indicates that there is a significant demand for rental properties in the area, particularly among young professionals.

Employment Rate

Dulwich has a high rate of employment, with 78% of the population being in employment. This is higher than the UK average of 75%. In addition, Dulwich has a relatively low unemployment rate, with only 3.2% of the population unemployed. This is lower than the UK average of 4.8%. The high employment rate in Dulwich is a positive indicator for investors, as it means that tenants are more likely to have stable incomes and be able to afford rental properties.

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Education Level

Dulwich has a highly educated population, with 63% of residents holding a degree or higher. This is significantly higher than the UK average of 38%. In addition, there are several schools and colleges in the area, including Dulwich College, James Allen’s Girls’ School, and Alleyn’s School. Dulwich is also home to the University of the Arts London’s Camberwell College of Arts. The presence of these educational institutions is a positive indicator for investors, as it means there is a potential market for student rentals.

Volume of Renters vs Homeowners

Dulwich has a relatively high volume of renters, with 40% of households being rented properties. This is lower than the UK average of 49%. The low volume of renters is likely due to the high property prices in the area, which makes it difficult for many people to buy a property. The high demand for rental properties is a positive indicator for investors, as it means that there is a steady stream of potential tenants.

Crime Rate

Dulwich has a relatively low crime rate, with 57 crimes per 1,000 people. This is higher than the UK average of 35 crimes per 1,000 people. In addition, the crime rate in Dulwich has been decreasing in recent years, which is a positive indicator for investors. The low crime rate is likely due to the affluent nature of the area and the relatively low population density.

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