Minchinbury is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2770). With a population of 5,778, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $115K per year, with an average household size of 3.3 people. The most common occupations are clerical & administrative, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Filipino.
The median house price in Minchinbury is $1.4 million, having surged 17.1% over the past year. Units have a median price of $790,000 (-2.7% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Minchinbury is served by 1 school, including 1 primary. The average ICSEA score is 975, which is around the national average of 1,000. Public transport access includes 50 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Minchinbury offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.5x is considered stretched. House prices have moved +17.1% year-on-year.
Minchinbury is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2770). With a population of 5,778, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $115K per year, with an average household size of 3.3 people. The most common occupations are clerical & administrative, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Filipino.
The median house price in Minchinbury is $1.4 million, having surged 17.1% over the past year. Units have a median price of $790,000 (-2.7% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,167.
Minchinbury is served by 1 school, including 1 primary. The average ICSEA score is 975, which is around the national average of 1,000. Public transport access includes 50 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Minchinbury offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.5x is considered stretched. House prices have moved +17.1% year-on-year.