Arcadia is a close-knit residential community in New South Wales within the Hornsby local government area (postcode 2159). It is home to about 1,475 residents, with an older-leaning population and a median age of 46. Households earn a median income of $138K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% year-on-year at the LGA level. 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, managers, technicians & trades. Employment in the area leans toward construction and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Arcadia stand at $3.2 million, having dropped significantly by 19.1% over the last twelve months. The current median weekly rent is $800. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $3,300.
Arcadia is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1101, which is well above the national average of 1,000. Public transport access includes 29 bus stops. The crime rate in the Hornsby LGA is low at 1,229 incidents per 100,000 population.
From an investment perspective, Arcadia shows a gross rental yield of approximately 1.3%, rated as low yield. Property prices are above the state median ($3.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.3x is considered stretched. House prices have moved -19.1% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.