Matraville is a mid-sized suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 9,925, the suburb has an established demographic with a median age of 42. Households earn a median income of $108K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Matraville is $2.6 million, having declined 4.5% over the past year. Units have a median price of $1.9 million (+96.4% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,817.
Matraville is served by 3 schools, including 3 primary. The average ICSEA score is 1019, which is around the national average of 1,000. Public transport access includes 46 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Matraville offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.3x is considered stretched. House prices have moved -4.5% year-on-year.
Matraville is a mid-sized suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 9,925, the suburb has an established demographic with a median age of 42. Households earn a median income of $108K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Matraville is $2.6 million, having declined 4.5% over the past year. Units have a median price of $1.9 million (+96.4% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,817.
Matraville is served by 3 schools, including 3 primary. The average ICSEA score is 1019, which is around the national average of 1,000. Public transport access includes 46 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Matraville offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.3x is considered stretched. House prices have moved -4.5% year-on-year.