Shanes Park is a quiet locality in New South Wales within the Blacktown local government area (postcode 2747). With a population of 384, the suburb has an established demographic with a median age of 39. Households earn a median income of $80K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, Maltese, English.
The median house price in Shanes Park is $1.3 million, having dropped significantly 54.7% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,909.
Public transport access includes 11 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Shanes Park offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.2x is considered stretched. House prices have moved -54.7% year-on-year.
Shanes Park is a quiet locality in New South Wales within the Blacktown local government area (postcode 2747). With a population of 384, the suburb has an established demographic with a median age of 39. Households earn a median income of $80K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, Maltese, English.
The median house price in Shanes Park is $1.3 million, having dropped significantly 54.7% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,909.
Public transport access includes 11 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Shanes Park offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.2x is considered stretched. House prices have moved -54.7% year-on-year.