Located in New South Wales within the Blue Mountains local government area, Warrimoo is a smaller residential area (postcode 2774). The area has roughly 2,452 residents and an established demographic, with a median age of 38. Households earn a median income of $124K per year, with an average household size of 2.8 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, technicians & trades, community & personal service. Employment in the area leans toward education and healthcare. The top ancestries reported are Australian, English, Irish.
Warrimoo has a median house price of $990,000, holding roughly steady year-on-year. The current median weekly rent is $675. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,167.
Warrimoo is served by 3 schools, including 1 primary, 1 combined, 1 special. The average ICSEA score is 1063, which is above the national average of 1,000. Public transport access includes 8 rail stations, 18 bus stops. The crime rate in the Blue Mountains LGA is low at 1,840 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.5%, which reads as moderate yield. Property prices sit below the state median ($990K/$1.5M), which can point to relative value. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +0.0% 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.