Arndell Park is a sparsely populated locality in New South Wales within the Blacktown local government area (postcode 2148). With a population of 6, the suburb has a settled, mature resident base with a median age of 45. Households earn a median income of $72K per year, with an average household size of 1.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% 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 median house price in Arndell Park is $1.8 million, broadly unchanged over the past year. Units have a median price of $2.2 million (+135.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.7%.
Public transport access includes 15 bus stops. The crime rate in the Blacktown LGA is below average at 3,307 incidents per 100,000 population.
On the investment side, Arndell Park shows a gross rental yield of approximately 1.7%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 25.5x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.