Valley Heights (postcode 2777) is a close-knit residential community in New South Wales within the Blue Mountains local government area. The area has roughly 1,188 residents and an established family demographic, with a median age of 44. Households earn a median income of $111K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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 healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Valley Heights stand at $1.0 million, having dropped significantly by 12.4% over the last twelve months. Units have a median price of $390,000 (+17.5% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,123.
Public transport access includes 11 bus stops. The crime rate in the Blue Mountains LGA is low at 1,840 incidents per 100,000 population.
On the investment side, Valley Heights shows a gross rental yield of approximately 3.9%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 9.4x is considered moderate. House prices have moved -12.4% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.