Grays Point is a smaller suburb in New South Wales within the Sutherland Shire local government area (postcode 2232). With a population of 3,034, the suburb has an established demographic with a median age of 44. Households earn a median income of $159K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Grays Point is $1.9 million, having grown strongly 6.4% over the past year. Units have a median price of $1.1 million (-10.5% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,033.
Grays Point is served by 1 school, including 1 primary. The average ICSEA score is 1113, which is well above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Grays Point offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +6.4% year-on-year.
Grays Point is a smaller suburb in New South Wales within the Sutherland Shire local government area (postcode 2232). With a population of 3,034, the suburb has an established demographic with a median age of 44. Households earn a median income of $159K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Grays Point is $1.9 million, having grown strongly 6.4% over the past year. Units have a median price of $1.1 million (-10.5% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,033.
Grays Point is served by 1 school, including 1 primary. The average ICSEA score is 1113, which is well above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Grays Point offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +6.4% year-on-year.