Sydenham is a small community in New South Wales within the Inner West local government area (postcode 2044). With a population of 1,100, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Sydenham is $1.7 million, having surged 11.3% over the past year. Units have a median price of $680,000 (+7.9% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,817.
Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Sydenham offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 14.3x is considered stretched. House prices have moved +11.3% year-on-year.
Sydenham is a small community in New South Wales within the Inner West local government area (postcode 2044). With a population of 1,100, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Sydenham is $1.7 million, having surged 11.3% over the past year. Units have a median price of $680,000 (+7.9% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,817.
Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Sydenham offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 14.3x is considered stretched. House prices have moved +11.3% year-on-year.