Revesby Heights is a small community in New South Wales within the Canterbury-Bankstown local government area (postcode 2212). With a population of 1,916, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $139K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Chinese.
The median house price in Revesby Heights is $1.0 million, having dropped significantly 32.1% over the past year. Units have a median price of $685,000 (-7.4% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,726.
Revesby Heights is served by 1 school, including 1 secondary. The average ICSEA score is 1065, which is above the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Revesby Heights offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -32.1% year-on-year.
Revesby Heights is a small community in New South Wales within the Canterbury-Bankstown local government area (postcode 2212). With a population of 1,916, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $139K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Chinese.
The median house price in Revesby Heights is $1.0 million, having dropped significantly 32.1% over the past year. Units have a median price of $685,000 (-7.4% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,726.
Revesby Heights is served by 1 school, including 1 secondary. The average ICSEA score is 1065, which is above the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Revesby Heights offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -32.1% year-on-year.