Centennial Park is a smaller suburb in New South Wales within the Sydney local government area (postcode 2021). With a population of 2,225, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $112K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Centennial Park is $9.5 million, having surged 88.6% over the past year. Units have a median price of $478,000 (-39.1% YoY). The current median weekly rent is $925. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $2,466.
Public transport access includes 1 tram stop, 12 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Centennial Park offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($9.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 84.8x is considered stretched. House prices have moved +88.6% year-on-year.
Centennial Park is a smaller suburb in New South Wales within the Sydney local government area (postcode 2021). With a population of 2,225, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $112K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Centennial Park is $9.5 million, having surged 88.6% over the past year. Units have a median price of $478,000 (-39.1% YoY). The current median weekly rent is $925. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $2,466.
Public transport access includes 1 tram stop, 12 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Centennial Park offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($9.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 84.8x is considered stretched. House prices have moved +88.6% year-on-year.