Located in New South Wales within the Sutherland Shire local government area, Alfords Point is a smaller residential area (postcode 2234). With a population of 3,131, the suburb has an established family demographic with a median age of 43. Households earn a median income of $154K per year, with an average household size of 3.3 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward education and construction. The top ancestries reported are Australian, English, Greek.
Median house prices in Alfords Point stand at $1.9 million, having posted strong gains by 5.1% over the last twelve months. Units have a median price of $670,000. The current median weekly rent is $1000. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,595.
Alfords Point is served by 1 school, including 1 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,776 incidents per 100,000 population.
Looking at the investment signals, Alfords Point shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 12.6x is considered stretched. House prices have moved +5.1% year-on-year.