Picton is a medium-sized suburb in New South Wales within the Wollondilly local government area (postcode 2571). The area has roughly 5,282 residents and an established demographic, with a median age of 38. Households earn a median income of $113K per year, with an average household size of 2.8 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 +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Picton has a median house price of $1.3 million, which has grown strongly by 5.7% year-on-year. Units have a median price of $700,000 (+4.5% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,383.
Picton is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 2 rail stations, 101 bus stops. The crime rate in the Wollondilly LGA is low at 1,594 incidents per 100,000 population.
Looking at the investment signals, Picton shows a gross rental yield of approximately 3.0%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +5.7% 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.