Located in New South Wales within the Ku-ring-gai local government area, Pymble is a well-established suburb (postcode 2073). The area has roughly 11,775 residents and an established demographic, with a median age of 41. Households earn a median income of $176K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% 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 professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are Chinese, English, Australian.
The median house price in Pymble is $3.4 million, having declined steeply by 10% over the past year. Units have a median price of $975,000 (-8.4% YoY). The current median weekly rent is $1050. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,689.
Pymble is served by 5 schools, including 3 primary, 2 combined. The average ICSEA score is 1163, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 67 bus stops. The crime rate in the Ku-ring-gai LGA is low at 930 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.6% (low yield). Property prices are above the state median ($3.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.2x is considered stretched. House prices have moved -10.0% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.