Telopea is a mid-sized suburb in New South Wales within the Parramatta local government area (postcode 2117). With a population of 5,356, the suburb has an established demographic with a median age of 40. Households earn a median income of $76K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Telopea is $1.9 million, having risen modestly 1.6% over the past year. Units have a median price of $881,000 (+6.2% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,300.
Telopea is served by 1 school, including 1 primary. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 1 tram stop, 14 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Telopea offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 25.3x is considered stretched. House prices have moved +1.6% year-on-year.
Telopea is a mid-sized suburb in New South Wales within the Parramatta local government area (postcode 2117). With a population of 5,356, the suburb has an established demographic with a median age of 40. Households earn a median income of $76K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Telopea is $1.9 million, having risen modestly 1.6% over the past year. Units have a median price of $881,000 (+6.2% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,300.
Telopea is served by 1 school, including 1 primary. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 1 tram stop, 14 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Telopea offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 25.3x is considered stretched. House prices have moved +1.6% year-on-year.