Schofields is a well-established suburb in New South Wales within the Blacktown local government area (postcode 2762). With a population of 15,213, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $140K per year, with an average household size of 3.2 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Schofields is $1.3 million, having increased 2.8% over the past year. Units have a median price of $595,000 (-6.3% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,600.
Schofields is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 8 rail stations, 41 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Schofields offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 9.3x is considered moderate. House prices have moved +2.8% year-on-year.
Schofields is a well-established suburb in New South Wales within the Blacktown local government area (postcode 2762). With a population of 15,213, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $140K per year, with an average household size of 3.2 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Schofields is $1.3 million, having increased 2.8% over the past year. Units have a median price of $595,000 (-6.3% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,600.
Schofields is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 8 rail stations, 41 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Schofields offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 9.3x is considered moderate. House prices have moved +2.8% year-on-year.