Located in New South Wales within the Ku-ring-gai local government area, Warrawee is a smaller suburb (postcode 2074). It is home to about 3,170 residents, with a settled mid-life population and a median age of 42. Households earn a median income of $176K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% 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, Chinese.
Median house prices in Warrawee stand at $4.2 million, having declined steeply by 15.3% over the last twelve months. Units have a median price of $828,000 (-5.2% YoY). The current median weekly rent is $1125. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,500.
Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Ku-ring-gai LGA is low at 930 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 1.4%, which reads as low yield. Property prices are above the state median ($4.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.6x is considered stretched. House prices have moved -15.3% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.