Theresa Park is a close-knit residential community in New South Wales within the Wollondilly local government area (postcode 2570). It is home to about 600 residents, with a settled mid-life population and a median age of 40. Households earn a median income of $131K per year, with an average household size of 3.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% 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, clerical & administrative. Employment in the area leans toward construction and education. The top ancestries reported are English, Australian, Maltese.
Theresa Park has a median house price of $3.8 million, which has risen steeply by 58.6% year-on-year. The current median weekly rent is $750. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $2,909.
Public transport access includes 9 bus stops. The crime rate in the Wollondilly LGA is low at 1,609 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.0% (low yield). Property prices are above the state median ($3.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.6x is considered stretched. House prices have moved +58.6% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.