Located in New South Wales within the The Hills Shire local government area, Castle Hill is a well-populated suburb (postcode 2154). It is home to about 40,874 residents, with an established demographic and a median age of 42. Households earn a median income of $133K per year, with an average household size of 3 people. 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 healthcare and professional services. The top ancestries reported are English, Chinese, Australian.
The median house price in Castle Hill is $2.2 million, having declined steeply by 10.1% over the past year. Units have a median price of $780,000 (-22.1% YoY). The current median weekly rent is $880. This gives a gross rental yield of approximately 2.0%. 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 1,315 incidents per 100,000 population.
From an investment perspective, Castle Hill shows a gross rental yield of approximately 2.0%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 16.8x is considered stretched. House prices have moved -10.1% year-on-year.