Located in New South Wales within the Canada Bay local government area, Five Dock is a mid-sized suburb (postcode 2046). The area has roughly 9,823 residents and an established family demographic, with a median age of 41. Households earn a median income of $121K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Italian, Australian, English.
Five Dock has a median house price of $1.8 million, which has declined steeply by 33.8% year-on-year. Units have a median price of $1.1 million (+3.6% YoY). The current median weekly rent is $920. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $3,000.
Five Dock is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1106, which is well above the national average of 1,000. Public transport access includes 55 bus stops. The crime rate in the Canada Bay LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Five Dock shows a gross rental yield of approximately 2.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved -33.8% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.