Point Piper is a small community in New South Wales within the Woollahra local government area (postcode 2027). With a population of 1,334, the suburb has a mature demographic with a median age of 52. Households earn a median income of $236K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
Units have a median price of $5.1 million (+49.9% YoY). The current median weekly rent is $1295. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $5,000.
Public transport access includes 3 bus stops. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Point Piper offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($5.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.8x is considered stretched. House prices have moved +49.9% year-on-year.
Point Piper is a small community in New South Wales within the Woollahra local government area (postcode 2027). With a population of 1,334, the suburb has a mature demographic with a median age of 52. Households earn a median income of $236K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
Units have a median price of $5.1 million (+49.9% YoY). The current median weekly rent is $1295. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $5,000.
Public transport access includes 3 bus stops. The crime rate in the Woollahra LGA is low at 1,923 incidents per 100,000 population.
From an investment perspective, Point Piper offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($5.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.8x is considered stretched. House prices have moved +49.9% year-on-year.