Cabramatta is a large suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 21,142, the suburb has an established demographic with a median age of 40. Households earn a median income of $62K per year, with an average household size of 3 people. The most common occupations are labourers, machinery operators & drivers, professionals. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Cabramatta is $1.1 million, having dropped significantly 23.2% over the past year. Units have a median price of $555,000 (+18.1% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,500.
Cabramatta is served by 6 schools, including 5 primary, 1 secondary. The average ICSEA score is 969, which is around the national average of 1,000. Public transport access includes 4 rail stations, 53 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Cabramatta offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.5x is considered stretched. House prices have moved -23.2% year-on-year.
Cabramatta is a large suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 21,142, the suburb has an established demographic with a median age of 40. Households earn a median income of $62K per year, with an average household size of 3 people. The most common occupations are labourers, machinery operators & drivers, professionals. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Cabramatta is $1.1 million, having dropped significantly 23.2% over the past year. Units have a median price of $555,000 (+18.1% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,500.
Cabramatta is served by 6 schools, including 5 primary, 1 secondary. The average ICSEA score is 969, which is around the national average of 1,000. Public transport access includes 4 rail stations, 53 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Cabramatta offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.5x is considered stretched. House prices have moved -23.2% year-on-year.