Queens Park is a smaller suburb in New South Wales within the Waverley local government area (postcode 2022). With a population of 3,143, the suburb has an established demographic with a median age of 40. Households earn a median income of $179K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Queens Park is $3.8 million, having dropped significantly 17.9% over the past year. Units have a median price of $1.3 million (+8.2% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $4,333.
Public transport access includes 16 bus stops. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Queens Park offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.4x is considered stretched. House prices have moved -17.9% year-on-year.
Queens Park is a smaller suburb in New South Wales within the Waverley local government area (postcode 2022). With a population of 3,143, the suburb has an established demographic with a median age of 40. Households earn a median income of $179K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Queens Park is $3.8 million, having dropped significantly 17.9% over the past year. Units have a median price of $1.3 million (+8.2% YoY). The current median weekly rent is $1000. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $4,333.
Public transport access includes 16 bus stops. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Queens Park offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.4x is considered stretched. House prices have moved -17.9% year-on-year.