Shalvey is a smaller suburb in New South Wales within the Blacktown local government area (postcode 2770). With a population of 3,455, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $61K per year, with an average household size of 3 people. The most common occupations are machinery operators & drivers, labourers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Shalvey is $870,000, having grown strongly 9.4% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,950.
Shalvey is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 844, which is well below the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Shalvey offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($870K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +9.4% year-on-year.
Shalvey is a smaller suburb in New South Wales within the Blacktown local government area (postcode 2770). With a population of 3,455, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $61K per year, with an average household size of 3 people. The most common occupations are machinery operators & drivers, labourers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Shalvey is $870,000, having grown strongly 9.4% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,950.
Shalvey is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 844, which is well below the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Shalvey offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($870K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +9.4% year-on-year.