Eveleigh (postcode 2015) is a small locality in New South Wales within the Sydney local government area. The area has roughly 606 residents and a mix of families and early-career residents, with a median age of 34. Households earn a median income of $70K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% 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, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Australian, English, Chinese.
Units have a median price of $1.1 million (-13% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,550.
Public transport access includes 1 rail station, 1 bus stop. The crime rate in the Sydney LGA is moderate at 7,608 incidents per 100,000 population.
From an investment perspective, Eveleigh shows a gross rental yield of approximately 3.9%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved -13.0% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.