Castle Hill is a large suburb in New South Wales within the The Hills Shire local government area (postcode 2154). With a population of 40,874, the suburb has an established demographic with a median age of 42. Households earn a median income of $133K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Chinese, Australian.
The median house price in Castle Hill is $2.0 million, having dropped significantly 19.3% over the past year. Units have a median price of $950,000 (-5.3% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,000.
Castle Hill is served by 10 schools, including 6 primary, 3 secondary, 1 special. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 225 bus stops. The crime rate in the The Hills Shire LGA is low at 1,321 incidents per 100,000 population.
From an investment perspective, Castle Hill offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -19.3% year-on-year.
Castle Hill is a large suburb in New South Wales within the The Hills Shire local government area (postcode 2154). With a population of 40,874, the suburb has an established demographic with a median age of 42. Households earn a median income of $133K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Chinese, Australian.
The median house price in Castle Hill is $2.0 million, having dropped significantly 19.3% over the past year. Units have a median price of $950,000 (-5.3% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,000.
Castle Hill is served by 10 schools, including 6 primary, 3 secondary, 1 special. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 225 bus stops. The crime rate in the The Hills Shire LGA is low at 1,321 incidents per 100,000 population.
From an investment perspective, Castle Hill offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -19.3% year-on-year.