Liberty Grove is a smaller residential area in New South Wales within the Canada Bay local government area (postcode 2138). With a population of 2,055, the suburb has a blend of families and working-age professionals with a median age of 37. Households earn a median income of $138K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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 professional services and healthcare. The top ancestries reported are Chinese, Indian, Australian.
Liberty Grove has a median house price of $1.6 million, which has softened modestly by 2% year-on-year. Units have a median price of $890,000 (+3.7% YoY). The current median weekly rent is $920. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,261.
The crime rate in the Canada Bay LGA is below average at 2,038 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.0% (low yield). Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 11.6x is considered stretched. House prices have moved -2.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.