Darkes Forest (postcode 2508) is a quiet locality in New South Wales within the Wollondilly local government area. The area has roughly 95 residents and an older-leaning population, with a median age of 45. Households earn a median income of $136K per year, with an average household size of 3.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% 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 technicians & trades, managers, professionals. Employment in the area leans toward construction and professional services. The top ancestries reported are Australian, English, Irish.
Darkes Forest has a median house price of $1.1 million, holding roughly steady year-on-year. The current median weekly rent is $820. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,326.
Public transport access includes 1 bus stop. The crime rate in the Wollondilly LGA is low at 1,609 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.9% (moderate yield). Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 8.1x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.