Wiley Park is a well-established suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2195). With a population of 10,016, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $65K per year, with an average household size of 3 people. The most common occupations are professionals, machinery operators & drivers, community & personal service. The top ancestries reported are Lebanese, Australian, Indian.
The median house price in Wiley Park is $1.8 million, having surged 22.4% over the past year. Units have a median price of $535,000 (+8.9% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,700.
Wiley Park is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. Public transport access includes 1 rail station, 19 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, Wiley Park offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 27.0x is considered stretched. House prices have moved +22.4% year-on-year.
Wiley Park is a well-established suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2195). With a population of 10,016, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $65K per year, with an average household size of 3 people. The most common occupations are professionals, machinery operators & drivers, community & personal service. The top ancestries reported are Lebanese, Australian, Indian.
The median house price in Wiley Park is $1.8 million, having surged 22.4% over the past year. Units have a median price of $535,000 (+8.9% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,700.
Wiley Park is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. Public transport access includes 1 rail station, 19 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, Wiley Park offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 27.0x is considered stretched. House prices have moved +22.4% year-on-year.