Dover Heights is a smaller suburb in New South Wales within the Waverley local government area (postcode 2030). With a population of 4,044, the suburb has an established demographic with a median age of 41. Households earn a median income of $202K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, South African.
The median house price in Dover Heights is $7.4 million, having grown strongly 10% over the past year. Units have a median price of $2.1 million (+40.7% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $4,333.
Dover Heights is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Dover Heights offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($7.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 36.7x is considered stretched. House prices have moved +10.0% year-on-year.
Dover Heights is a smaller suburb in New South Wales within the Waverley local government area (postcode 2030). With a population of 4,044, the suburb has an established demographic with a median age of 41. Households earn a median income of $202K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, South African.
The median house price in Dover Heights is $7.4 million, having grown strongly 10% over the past year. Units have a median price of $2.1 million (+40.7% YoY). The current median weekly rent is $1400. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $4,333.
Dover Heights is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Dover Heights offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($7.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 36.7x is considered stretched. House prices have moved +10.0% year-on-year.