Sutton Forest (postcode 2577) is a close-knit residential community in New South Wales within the Wingecarribee local government area. The area has roughly 504 residents and an older-leaning population, with a median age of 50. Households earn a median income of $108K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 managers, technicians & trades, professionals. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Sutton Forest stand at $2.0 million, having declined steeply by 40.6% over the last twelve months. The current median weekly rent is $690. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,859.
Public transport access includes 19 bus stops. The crime rate in the Wingecarribee LGA is low at 1,470 incidents per 100,000 population.
On the investment side, Sutton Forest shows a gross rental yield of approximately 1.8%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.1x is considered stretched. House prices have moved -40.6% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.