The Ponds is a settled mid-to-large suburb in New South Wales within the Blacktown local government area (postcode 2769). The area has roughly 16,315 residents and a blend of families and working-age professionals, with a median age of 35. Households earn a median income of $171K per year, with an average household size of 3.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% 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 professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are Indian, Australian, English.
Median house prices in The Ponds stand at $1.5 million, having dropped significantly by 9.4% over the last twelve months. Units have a median price of $1.3 million (+5.7% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $3,000.
The Ponds is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 1106, which is well above the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Blacktown LGA is below average at 3,307 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.2% (moderate yield). Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 8.5x is considered moderate. House prices have moved -9.4% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.