Located in New South Wales within the Canterbury-Bankstown local government area, Revesby Heights is a small community (postcode 2212). With a population of 1,916, the suburb has a mix of families and early-career residents with a median age of 35. Households earn a median income of $139K per year, with an average household size of 3.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, clerical & administrative, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Chinese.
Revesby Heights has a median house price of $1.5 million, holding roughly steady year-on-year. Units have a median price of $740,000 (+5.7% YoY). The current median weekly rent is $760. This gives a gross rental yield of approximately 2.6%. 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 2,382 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.6%, which reads as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +0.3% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.