Located in New South Wales within the Wollondilly local government area, Pheasants Nest is a close-knit residential community (postcode 2574). The area has roughly 716 residents and an established demographic, with a median age of 43. Households earn a median income of $126K per year, with an average household size of 3.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% 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 technicians & trades, managers, clerical & administrative. Employment in the area leans toward construction and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in Pheasants Nest stand at $2.2 million, having jumped by 18.4% over the last twelve months. The current median weekly rent is $800. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,392.
Public transport access includes 42 bus stops. The crime rate in the Wollondilly LGA is low at 1,609 incidents per 100,000 population.
Looking at the investment signals, Pheasants Nest shows a gross rental yield of approximately 1.9%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +18.4% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.