Located in New South Wales within the Wollondilly local government area, Belimbla Park is a close-knit residential community (postcode 2570). The area has roughly 576 residents and an established family demographic, with a median age of 39. Households earn a median income of $115K per year, with an average household size of 3.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% 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 technicians & trades, clerical & administrative, professionals. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Belimbla Park stand at $2.0 million, having posted strong gains by 8% over the last twelve months. The current median weekly rent is $750. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,392.
Public transport access includes 11 bus stops. The crime rate in the Wollondilly LGA is low at 1,609 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.9% (low yield). Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.7x is considered stretched. House prices have moved +8.0% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.