Located in New South Wales within the Canterbury-Bankstown local government area, Hurlstone Park is a medium-sized suburb (postcode 2193). It is home to about 5,001 residents, with an established family demographic and a median age of 42. Households earn a median income of $110K 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 +1.0% 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 English, Australian, Irish.
Hurlstone Park has a median house price of $2.3 million, which has ticked up by 0.7% year-on-year. Units have a median price of $850,000 (+11.3% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Hurlstone Park is served by 1 school, including 1 special. The average ICSEA score is 851, which is well below the national average of 1,000. Public transport access includes 2 rail stations, 16 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 1.6%, which reads as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.9x is considered stretched. House prices have moved +0.7% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.