Heathcote is a mid-sized suburb in New South Wales within the Sutherland Shire local government area (postcode 2233). With a population of 6,148, the suburb has an established demographic with a median age of 43. Households earn a median income of $116K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Heathcote is $1.4 million, having dropped significantly 8.8% over the past year. Units have a median price of $790,000 (-28.9% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,553.
Heathcote is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 44 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Heathcote offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.6x is considered stretched. House prices have moved -8.8% year-on-year.
Heathcote is a mid-sized suburb in New South Wales within the Sutherland Shire local government area (postcode 2233). With a population of 6,148, the suburb has an established demographic with a median age of 43. Households earn a median income of $116K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Heathcote is $1.4 million, having dropped significantly 8.8% over the past year. Units have a median price of $790,000 (-28.9% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,553.
Heathcote is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 44 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Heathcote offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.6x is considered stretched. House prices have moved -8.8% year-on-year.