Kangaroo Point is a small community in New South Wales within the Sutherland Shire local government area (postcode 2224). With a population of 602, the suburb has a mature demographic with a median age of 46. Households earn a median income of $214K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, Australian, English.
The median house price in Kangaroo Point is $3.9 million, having surged 14.7% over the past year. Units have a median price of $2.5 million (+2.6% YoY). The current median weekly rent is $1075. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $4,077.
Public transport access includes 1 bus stop. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Kangaroo Point offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.2x is considered stretched. House prices have moved +14.7% year-on-year.
Kangaroo Point is a small community in New South Wales within the Sutherland Shire local government area (postcode 2224). With a population of 602, the suburb has a mature demographic with a median age of 46. Households earn a median income of $214K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, Australian, English.
The median house price in Kangaroo Point is $3.9 million, having surged 14.7% over the past year. Units have a median price of $2.5 million (+2.6% YoY). The current median weekly rent is $1075. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $4,077.
Public transport access includes 1 bus stop. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Kangaroo Point offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.2x is considered stretched. House prices have moved +14.7% year-on-year.