Wattle Grove is a mid-sized suburb in New South Wales within the Liverpool local government area (postcode 2173). With a population of 8,886, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $128K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wattle Grove is $1.3 million, having dipped slightly 2.2% over the past year. Units have a median price of $1.1 million (+12.3% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,200.
Wattle Grove is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1084, which is above the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Liverpool LGA is below average at 3,121 incidents per 100,000 population.
From an investment perspective, Wattle Grove offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 10.4x is considered stretched. House prices have moved -2.2% year-on-year.
Wattle Grove is a mid-sized suburb in New South Wales within the Liverpool local government area (postcode 2173). With a population of 8,886, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $128K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Wattle Grove is $1.3 million, having dipped slightly 2.2% over the past year. Units have a median price of $1.1 million (+12.3% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,200.
Wattle Grove is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1084, which is above the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Liverpool LGA is below average at 3,121 incidents per 100,000 population.
From an investment perspective, Wattle Grove offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 10.4x is considered stretched. House prices have moved -2.2% year-on-year.