Bangor is a medium-sized suburb in New South Wales within the Sutherland Shire local government area (postcode 2234). It is home to about 5,536 residents, with an established family demographic and a median age of 43. Households earn a median income of $137K per year, with an average household size of 2.9 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, managers, clerical & administrative. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Bangor is $1.7 million, having risen by 3.7% over the past year. Units have a median price of $1.3 million (+26.8% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,800.
Bangor is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1100, which is well above the national average of 1,000. Public transport access includes 26 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, Bangor shows a gross rental yield of approximately 3.0%, rated as moderate yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 12.7x is considered stretched. House prices have moved +3.7% year-on-year.