Canyonleigh is a sparsely populated locality in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 455, the suburb has a settled, mature resident base with a median age of 46. Households earn a median income of $105K per year, with an average household size of 2.7 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 managers, clerical & administrative, professionals. Employment in the area leans toward construction and manufacturing. The top ancestries reported are Australian, English, Scottish.
Canyonleigh has a median house price of $1.9 million, which has surged by 12.7% year-on-year. The current median weekly rent is $690. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,292.
Public transport access includes 7 bus stops. The crime rate in the Wingecarribee LGA is low at 1,470 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.9% (low yield). Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 18.4x is considered stretched. House prices have moved +12.7% 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.