Located in New South Wales within the Woollahra local government area, Vaucluse is a moderately sized suburb (postcode 2030). With a population of 9,510, the suburb has an established demographic with a median age of 43. Households earn a median income of $178K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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 English, Australian, Irish.
Vaucluse has a median house price of $9.3 million, which has jumped by 14.2% year-on-year. Units have a median price of $1.6 million (+1% YoY). The current median weekly rent is $1350. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $4,200.
Vaucluse is served by 1 school, including 1 primary. The average ICSEA score is 1145, which is well above the national average of 1,000. Public transport access includes 63 bus stops. The crime rate in the Woollahra LGA is low at 1,941 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 0.8%, which reads as low yield. Property prices are above the state median ($9.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 52.1x is considered stretched. House prices have moved +14.2% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.