Constitution Hill is a smaller suburb in New South Wales within the Parramatta local government area (postcode 2145). With a population of 4,030, the suburb has an established demographic with a median age of 38. Households earn a median income of $89K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Lebanese.
The median house price in Constitution Hill is $1.4 million, having dropped significantly 15% over the past year. Units have a median price of $753,000 (-0.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.
Public transport access includes 14 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Constitution Hill offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 15.8x is considered stretched. House prices have moved -15.0% year-on-year.
Constitution Hill is a smaller suburb in New South Wales within the Parramatta local government area (postcode 2145). With a population of 4,030, the suburb has an established demographic with a median age of 38. Households earn a median income of $89K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Lebanese.
The median house price in Constitution Hill is $1.4 million, having dropped significantly 15% over the past year. Units have a median price of $753,000 (-0.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.
Public transport access includes 14 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Constitution Hill offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 15.8x is considered stretched. House prices have moved -15.0% year-on-year.