Revesby is a well-established suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2212). With a population of 15,268, the suburb has an established demographic with a median age of 38. Households earn a median income of $96K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Chinese.
The median house price in Revesby is $1.7 million, having grown strongly 5.1% over the past year. Units have a median price of $730,000 (-35.7% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,472.
Revesby is served by 5 schools, including 3 primary, 1 secondary, 1 special. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 91 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Revesby offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +5.1% year-on-year.
Revesby is a well-established suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2212). With a population of 15,268, the suburb has an established demographic with a median age of 38. Households earn a median income of $96K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Chinese.
The median house price in Revesby is $1.7 million, having grown strongly 5.1% over the past year. Units have a median price of $730,000 (-35.7% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,472.
Revesby is served by 5 schools, including 3 primary, 1 secondary, 1 special. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 91 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Revesby offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +5.1% year-on-year.