Located in New South Wales within the Wollondilly local government area, Douglas Park is a small locality (postcode 2569). With a population of 1,386, the suburb has a settled mid-life population with a median age of 42. Households earn a median income of $117K per year, with an average household size of 3.1 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, professionals, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
Douglas Park has a median house price of $1.4 million, which has fallen by 4.1% year-on-year. Units have a median price of $438,000 (+45.8% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,368.
Douglas Park is served by 1 school, including 1 primary. The average ICSEA score is 1031, which is around the national average of 1,000. Public transport access includes 5 rail stations, 30 bus stops. The crime rate in the Wollondilly LGA is low at 1,609 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.9% (low yield). Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.0x is considered stretched. House prices have moved -4.1% 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.