Clemton Park (postcode 2206) is a small locality in New South Wales within the Canterbury-Bankstown local government area. With a population of 1,676, the suburb has a mature demographic with a median age of 47. Households earn a median income of $97K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are Greek, Chinese, Australian.
Median house prices in Clemton Park stand at $1.8 million, having moved higher by 3.9% over the last twelve months. Units have a median price of $528,000 (+4.6% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,400.
Public transport access includes 1 bus stop. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.5%, which reads as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 18.9x is considered stretched. House prices have moved +3.9% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.