Moore Park (postcode 2021) is a quiet locality in New South Wales within the Sydney local government area. With a population of 18, the suburb has a predominantly early-career demographic with a median age of 30. Households earn a median income of $201K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% 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. Employment in the area leans toward retail trade and education. The top ancestries reported are Australian, English.
Units have a median price of $594,000. The current median weekly rent is $885. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $1,794.
Moore Park is served by 1 school, including 1 secondary. The average ICSEA score is 1189, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 17 bus stops. The crime rate in the Sydney LGA is moderate at 7,608 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 7.7%, which reads as high yield. Property prices sit below the state median ($594K/$1.5M), which can point to relative value. The price-to-income ratio of 2.9x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.