Cowan (postcode 2081) is a close-knit residential community in New South Wales within the Hornsby local government area. With a population of 631, the suburb has an established family demographic with a median age of 41. Households earn a median income of $117K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% 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, technicians & trades, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Cowan is $1.5 million, having jumped by 12.9% over the past year. The current median weekly rent is $725. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,290.
Cowan is served by 1 school, including 1 primary. The average ICSEA score is 1063, which is above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Hornsby LGA is low at 1,229 incidents per 100,000 population.
From an investment perspective, Cowan shows a gross rental yield of approximately 2.5%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 12.7x is considered stretched. House prices have moved +12.9% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.