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 families and early-career residents with a median age of 35. Households earn a median income of $128K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.3% 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, clerical & administrative, managers. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are Australian, English, Irish.
Median house prices in Wattle Grove stand at $1.6 million, having risen steeply by 14.7% over the last twelve months. Units have a median price of $1.0 million. The current median weekly rent is $720. This gives a gross rental yield of approximately 2.4%. 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 3,212 incidents per 100,000 population.
From an investment perspective, Wattle Grove shows a gross rental yield of approximately 2.4%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +14.7% year-on-year. Population growth of +2.3% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.