Located in New South Wales within the Blacktown local government area, Mount Druitt is a well-established suburb (postcode 2770). With a population of 16,986, the suburb has a blend of families and working-age professionals with a median age of 33. Households earn a median income of $77K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% 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 machinery operators & drivers, professionals, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, Filipino, English.
Median house prices in Mount Druitt stand at $1.4 million, having climbed sharply by 40% over the last twelve months. Units have a median price of $432,000 (-4% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,815.
Mount Druitt is served by 8 schools, including 2 primary, 3 secondary, 3 combined. The average ICSEA score is 970, which is around the national average of 1,000. Public transport access includes 69 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Blacktown LGA is below average at 3,307 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.0% (low yield). Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 18.2x is considered stretched. House prices have moved +40.0% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.