Villawood is a mid-sized suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2163). With a population of 7,051, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $49K per year, with an average household size of 3 people. The most common occupations are professionals, machinery operators & drivers, labourers. The top ancestries reported are Lebanese, Vietnamese, Australian.
The median house price in Villawood is $1.1 million, having risen modestly 0.5% over the past year. Units have a median price of $587,000 (-10.2% YoY). The current median weekly rent is $545. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Villawood is served by 2 schools, including 2 primary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 1 rail station, 62 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Villawood offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 22.3x is considered stretched. House prices have moved +0.5% year-on-year.
Villawood is a mid-sized suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2163). With a population of 7,051, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $49K per year, with an average household size of 3 people. The most common occupations are professionals, machinery operators & drivers, labourers. The top ancestries reported are Lebanese, Vietnamese, Australian.
The median house price in Villawood is $1.1 million, having risen modestly 0.5% over the past year. Units have a median price of $587,000 (-10.2% YoY). The current median weekly rent is $545. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Villawood is served by 2 schools, including 2 primary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 1 rail station, 62 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Villawood offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 22.3x is considered stretched. House prices have moved +0.5% year-on-year.