Cherrybrook is a well-established suburb in New South Wales within the Hornsby local government area (postcode 2126). With a population of 19,082, the suburb has an established demographic with a median age of 43. Households earn a median income of $152K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Cherrybrook is $2.8 million, having surged 14% over the past year. Units have a median price of $1.6 million (+10% YoY). The current median weekly rent is $972. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,000.
Cherrybrook is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1155, which is well above the national average of 1,000. Public transport access includes 104 bus stops. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Cherrybrook offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.2x is considered stretched. House prices have moved +14.0% year-on-year.
Cherrybrook is a well-established suburb in New South Wales within the Hornsby local government area (postcode 2126). With a population of 19,082, the suburb has an established demographic with a median age of 43. Households earn a median income of $152K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Cherrybrook is $2.8 million, having surged 14% over the past year. Units have a median price of $1.6 million (+10% YoY). The current median weekly rent is $972. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,000.
Cherrybrook is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1155, which is well above the national average of 1,000. Public transport access includes 104 bus stops. The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Cherrybrook offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.2x is considered stretched. House prices have moved +14.0% year-on-year.