Epping is a large suburb in New South Wales within the Parramatta local government area (postcode 2121). With a population of 29,551, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Epping is $2.3 million, having dropped significantly 17.4% over the past year. Units have a median price of $835,000 (+3.1% YoY). The current median weekly rent is $770. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,600.
Epping is served by 7 schools, including 5 primary, 1 secondary, 1 special. The average ICSEA score is 1127, which is well above the national average of 1,000. Public transport access includes 100 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Epping offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.6x is considered stretched. House prices have moved -17.4% year-on-year.
Epping is a large suburb in New South Wales within the Parramatta local government area (postcode 2121). With a population of 29,551, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Epping is $2.3 million, having dropped significantly 17.4% over the past year. Units have a median price of $835,000 (+3.1% YoY). The current median weekly rent is $770. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,600.
Epping is served by 7 schools, including 5 primary, 1 secondary, 1 special. The average ICSEA score is 1127, which is well above the national average of 1,000. Public transport access includes 100 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Epping offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.6x is considered stretched. House prices have moved -17.4% year-on-year.