Haymarket is a moderately sized suburb in New South Wales within the Sydney local government area (postcode 2000). It is home to about 8,305 residents, with a young professional demographic and a median age of 30. Households earn a median income of $100K per year, with an average household size of 2.4 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, community & personal service, technicians & trades. Employment in the area leans toward accommodation & food and professional services. The top ancestries reported are Chinese, English, Australian.
Units have a median price of $765,000 (-21.5% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 7.5%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 rail station, 5 tram stops, 5 bus stops. The crime rate in the Sydney LGA is moderate at 7,608 incidents per 100,000 population.
On the investment side, Haymarket shows a gross rental yield of approximately 7.5%, rated as high yield. Property prices sit below the state median ($765K/$1.5M), which can point to relative value. The price-to-income ratio of 7.6x is considered moderate. House prices have moved -21.5% 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.