Located in New South Wales within the Northern Beaches local government area, Duffys Forest is a small community (postcode 2084). The area has roughly 509 residents and an established family demographic, with a median age of 43. Households earn a median income of $221K per year, with an average household size of 3.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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 managers, professionals, sales. Employment in the area leans toward construction and professional services. The top ancestries reported are English, Australian, Scottish.
Duffys Forest has a median house price of $9.5 million, which has risen steeply by 37.2% year-on-year. The current median weekly rent is $1225. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $6,134.
Duffys Forest is served by 1 school, including 1 primary. The average ICSEA score is 962, which is around the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Northern Beaches LGA is low at 1,515 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 0.7%, which reads as low yield. Property prices are above the state median ($9.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 43.0x is considered stretched. House prices have moved +37.2% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.