Located in New South Wales within the Sutherland Shire local government area, Engadine is a well-established suburb (postcode 2233). It is home to about 17,736 residents, with an established demographic and a median age of 39. Households earn a median income of $120K per year, with an average household size of 2.9 people. 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, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Median house prices in Engadine stand at $1.7 million, having risen steeply by 12% over the last twelve months. Units have a median price of $938,000 (+1.5% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
Engadine is served by 9 schools, including 5 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 1062, which is above the national average of 1,000. Public transport access includes 3 rail stations, 93 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,776 incidents per 100,000 population.
From an investment perspective, Engadine shows a gross rental yield of approximately 2.5%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 14.0x is considered stretched. House prices have moved +12.0% year-on-year.