Located in New South Wales within the Fairfield local government area, Old Guildford is a compact suburb (postcode 2161). The area has roughly 2,857 residents and a young professional demographic, with a median age of 29. Households earn a median income of $79K per year, with an average household size of 3.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 clerical & administrative, professionals, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are Lebanese, Australian, English.
The median house price in Old Guildford is $1.5 million, having climbed sharply by 15.7% over the past year. Units have a median price of $820,000 (+3.8% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,058.
Public transport access includes 13 bus stops. The crime rate in the Fairfield LGA is below average at 2,252 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.2% (low yield). Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.7x is considered stretched. House prices have moved +15.7% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.