Located in New South Wales within the Randwick local government area, La Perouse is a sparsely populated locality (postcode 2036). It is home to about 366 residents, with an older-leaning population and a median age of 45. Households earn a median income of $107K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 managers, professionals, clerical & administrative. Employment in the area leans toward construction and education. The top ancestries reported are Aboriginal Australian, Australian, English.
La Perouse has a median house price of $2.7 million, which has fallen sharply by 10% year-on-year. Units have a median price of $1.5 million (+86% YoY). The current median weekly rent is $1170. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,867.
La Perouse is served by 1 school, including 1 primary. The average ICSEA score is 920, which is below the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Randwick LGA is below average at 2,628 incidents per 100,000 population.
Looking at the investment signals, La Perouse shows a gross rental yield of approximately 2.3%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.2x is considered stretched. House prices have moved -10.0% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.