North Sydney is a mid-sized suburb in New South Wales within the North Sydney local government area (postcode 2060). With a population of 8,964, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $125K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in North Sydney is $3.0 million, having dropped significantly 9.6% over the past year. Units have a median price of $1.1 million (-6% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,817.
North Sydney is served by 5 schools, including 1 primary, 1 secondary, 3 combined. The average ICSEA score is 1183, which is well above the national average of 1,000. Public transport access includes 1 rail station, 31 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, North Sydney offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.7x is considered stretched. House prices have moved -9.6% year-on-year.
North Sydney is a mid-sized suburb in New South Wales within the North Sydney local government area (postcode 2060). With a population of 8,964, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $125K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in North Sydney is $3.0 million, having dropped significantly 9.6% over the past year. Units have a median price of $1.1 million (-6% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,817.
North Sydney is served by 5 schools, including 1 primary, 1 secondary, 3 combined. The average ICSEA score is 1183, which is well above the national average of 1,000. Public transport access includes 1 rail station, 31 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, North Sydney offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.7x is considered stretched. House prices have moved -9.6% year-on-year.