Earlwood (postcode 2206) is a settled mid-to-large suburb in New South Wales within the Canterbury-Bankstown local government area. It is home to about 18,053 residents, with an established demographic and a median age of 44. Households earn a median income of $113K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are Greek, Australian, English.
Earlwood has a median house price of $2.1 million, holding roughly steady year-on-year. Units have a median price of $848,000 (-5.6% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,817.
Earlwood is served by 4 schools, including 4 primary. The average ICSEA score is 1087, which is above the national average of 1,000. Public transport access includes 71 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.
On the investment side, Earlwood shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.7x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.