Pitt Town is a smaller suburb in New South Wales within the Hawkesbury local government area (postcode 2756). With a population of 3,871, the suburb has an established demographic with a median age of 38. Households earn a median income of $141K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Pitt Town is $1.8 million, having dipped slightly 2.7% over the past year. Units have a median price of $883,000 (+1.4% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,969.
Pitt Town is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Pitt Town offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved -2.7% year-on-year.
Pitt Town is a smaller suburb in New South Wales within the Hawkesbury local government area (postcode 2756). With a population of 3,871, the suburb has an established demographic with a median age of 38. Households earn a median income of $141K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Pitt Town is $1.8 million, having dipped slightly 2.7% over the past year. Units have a median price of $883,000 (+1.4% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,969.
Pitt Town is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Pitt Town offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved -2.7% year-on-year.