Located in New South Wales within the Woollahra local government area, Bellevue Hill is a well-established suburb (postcode 2023). It is home to about 10,590 residents, with an established family demographic and a median age of 39. Households earn a median income of $172K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
Bellevue Hill has a median house price of $700,000, holding roughly steady year-on-year. Units have a median price of $1.2 million (-27% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 7.4%. The median monthly mortgage repayment is $3,900.
Bellevue Hill is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 1166, which is well above the national average of 1,000. Public transport access includes 56 bus stops. The crime rate in the Woollahra LGA is low at 1,941 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 7.4% (high yield). Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.