Miranda is a well-established suburb in New South Wales within the Sutherland Shire local government area (postcode 2228). With a population of 17,942, the suburb has an established demographic with a median age of 39. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Miranda is $2.1 million, having grown strongly 7.7% over the past year. Units have a median price of $945,000 (+9.9% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,546.
Miranda is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 1 rail station, 63 bus stops. Healthcare facilities include 3 private hospitals. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Miranda offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.0x is considered stretched. House prices have moved +7.7% year-on-year.
Miranda is a well-established suburb in New South Wales within the Sutherland Shire local government area (postcode 2228). With a population of 17,942, the suburb has an established demographic with a median age of 39. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Miranda is $2.1 million, having grown strongly 7.7% over the past year. Units have a median price of $945,000 (+9.9% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,546.
Miranda is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 1 rail station, 63 bus stops. Healthcare facilities include 3 private hospitals. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Miranda offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.0x is considered stretched. House prices have moved +7.7% year-on-year.