East Hills is a smaller residential area in New South Wales within the Canterbury-Bankstown local government area (postcode 2213). The area has roughly 3,370 residents and a settled mid-life population, with a median age of 41. Households earn a median income of $95K per year, with an average household size of 2.6 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, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Irish.
Median house prices in East Hills stand at $1.6 million, having dipped slightly by 0.9% over the last twelve months. Units have a median price of $1.1 million (+12% YoY). The current median weekly rent is $930. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,500.
Public transport access includes 1 rail station, 28 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.1% (moderate yield). Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 16.5x is considered stretched. House prices have moved -0.9% 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.