Bella Vista is a moderately sized suburb in New South Wales within the The Hills Shire local government area (postcode 2153). It is home to about 8,384 residents, with an established demographic and a median age of 40. Households earn a median income of $183K per year, with an average household size of 3.4 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 healthcare and professional services. The top ancestries reported are Chinese, Indian, English.
Median house prices in Bella Vista stand at $2.8 million, having risen solidly by 5.7% over the last twelve months. Units have a median price of $1.4 million (+31.3% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,400.
Bella Vista is served by 1 school, including 1 primary. The average ICSEA score is 1147, which is well above the national average of 1,000. Public transport access includes 1 rail station, 49 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the The Hills Shire LGA is low at 1,315 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.6% (low yield). Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +5.7% year-on-year.