Canley Heights is a settled mid-to-large suburb in New South Wales within the Fairfield local government area (postcode 2166). The area has roughly 12,320 residents and a mix of families and early-career residents, with a median age of 37. Households earn a median income of $77K per year, with an average household size of 3.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 labourers, machinery operators & drivers, professionals. Employment in the area leans toward manufacturing and retail trade. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Canley Heights is $1.3 million, having moved lower by 7.1% over the past year. Units have a median price of $608,000 (-17.8% YoY). The current median weekly rent is $528. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,000.
Canley Heights is served by 1 school, including 1 primary. The average ICSEA score is 935, which is below the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Fairfield LGA is below average at 2,252 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.2% (low yield). Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.2x is considered stretched. House prices have moved -7.1% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.