Eastern Creek is a small community in New South Wales within the Blacktown local government area (postcode 2766). With a population of 874, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $97K per year, with an average household size of 3.3 people. The most common occupations are machinery operators & drivers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Filipino.
The median house price in Eastern Creek is $1.5 million, having dropped significantly 91.4% over the past year. Units have a median price of $631,000 (-17.6% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
Eastern Creek is served by 1 school, including 1 primary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 52 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Eastern Creek offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved -91.4% year-on-year.
Eastern Creek is a small community in New South Wales within the Blacktown local government area (postcode 2766). With a population of 874, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $97K per year, with an average household size of 3.3 people. The most common occupations are machinery operators & drivers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Filipino.
The median house price in Eastern Creek is $1.5 million, having dropped significantly 91.4% over the past year. Units have a median price of $631,000 (-17.6% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
Eastern Creek is served by 1 school, including 1 primary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 52 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Eastern Creek offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved -91.4% year-on-year.