The demographics of East Dulwich’s population
East Dulwich is known for its bustling high street, excellent schools, beautiful parks, and a thriving community. If you are considering investing in a buy-to-let property in East Dulwich, there are several key factors to consider before making a decision. In this post, we will explore the population size, age, employment rate, education level, homeowners vs. renters, and crime rate in East Dulwich to help you make an informed investment decision.
Population Size and Growth
East Dulwich’s population is around 21,000, according to the latest estimates from the Office for National Statistics (ONS). The population has grown steadily in recent years, with an increase of around 5% since 2011. This growth rate is slightly lower than the average for London boroughs, which have seen an increase of around 7% over the same period.
Age of Population
East Dulwich has a relatively young population, with a median age of 36 years. This is significantly lower than the UK’s average median age of 40 years. The area has a high number of young families with children, which is reflected in the number of excellent schools in the area.
Employment Rate
The employment rate in East Dulwich is around 75%, which is on par with the UK average of 75%. The area has a diverse range of businesses, including independent shops, cafes, and restaurants, which provide employment opportunities for local residents. There are also several major employers nearby, including King’s College Hospital and the City of London.
Education Level
East Dulwich has a highly educated population, with around 60% of residents holding a degree or higher qualification. This is significantly higher than the UK average of 38%. The area has several excellent schools, including The Charter School East Dulwich and Dulwich College, which attract families to the area. There are also several university campuses nearby, including Goldsmiths, University of London and King’s College London.
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Number of Students
There are around 4,000 students in East Dulwich, according to the latest estimates. This includes both primary and secondary school students, as well as university students who live in the area. The high number of students in the area provides a potential market for buy-to-let investors, particularly for smaller properties that would be suitable for single students or young professionals.
Homeowners vs. Renters
East Dulwich has a relatively high proportion of renters, with around 42% of households renting their homes. This is lower than the UK average of around 49%. The area has a high demand for rental properties, particularly among young professionals and families who may not be able to afford to buy their own homes in the area.
Crime Rate
East Dulwich has a relatively low crime rate compared to the UK average. According to the latest figures from the Metropolitan Police, the area had a total of 2,281 reported crimes in the year to February 2022. This equates to a rate of around 11 crimes per 1,000 residents, which is significantly lower than the average for London boroughs. The area has a relatively low level of violent crime, and most of the reported crimes are related to theft and burglary.
In conclusion, if you are considering investing in a buy-to-let property in East Dulwich, there are several key factors to consider. The area has a growing population, with a high proportion of young families and highly educated residents. There are also a significant number of students in the area, providing a potential market for investors. The area has a relatively high demand for rental properties, which may provide good investment opportunities.
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