Sefton (postcode 2162) is a moderately sized suburb in New South Wales within the Canterbury-Bankstown local government area. The area has roughly 6,300 residents and a mix of young professionals and families, with a median age of 35. Households earn a median income of $79K per year, with an average household size of 3.3 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, technicians & trades. Employment in the area leans toward healthcare and transport & logistics. The top ancestries reported are Lebanese, Vietnamese, Chinese.
Median house prices in Sefton stand at $1.4 million, having grown strongly by 9.8% over the last twelve months. Units have a median price of $610,000 (+4.3% YoY). The current median weekly rent is $735. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,000.
Sefton is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1035, which is around the national average of 1,000. Public transport access includes 30 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, Gross rental yield sits at around 2.7% (low yield). Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +9.8% 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.