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Freshwater, NSW 2096

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$4,000,000

market range $3.7M-$4.1M

Median Unit

$1,250,000

market range $1.2M-$1.3M

Gross Yield (houses)

2.3%

1yr Growth (houses)

+2.6%

market range -5.0% to +7.5%

Investment snapshot for Freshwater

Freshwater has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Freshwater verdict

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Freshwater market and investor summary

Freshwater (NSW 2096) runs a median house price of $4M, with houses yielding a gross 2.3%. House prices have moved +2.6% over the past year and +1.8% over three years. At 1.3% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.

Living in Freshwater: people, income and schools

About 9,186 people live in Freshwater, a number that has held fairly steady over five years. The median age is 37, broadly working-age, and families account for 70% of households.

Households here earn a median of about $142,000 a year, or roughly $2,730 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 28.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

There are 43 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 13 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 66 for walkability and 61 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
9,186
+4% over 5yr
Median age
37 years
Median household income
$142,000/yr
Households renting
37%
Family households
70%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
43
avg ICSEA 1137
Unemployment
3.1%
Distance to CBD
13 km
Walk score
66/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Freshwater

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Frequently asked questions about Freshwater

What should I check before investing in Freshwater?

Freshwater has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.3% vacancy) gives landlords pricing power and low rental downtime. Houses sell quickly (23 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Freshwater?

The median property price in Freshwater, NSW 2096 is $4M for houses and $1.3M for units.

What rental yield does Freshwater show?

The gross rental yield in Freshwater is 2.3% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Freshwater?

House prices in Freshwater are up 2.6% over the past year and up 1.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Freshwater?

The current vacancy rate in Freshwater is 1.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Freshwater?

Freshwater has a population of approximately 9,186 residents, with a median age of 37.

What schools are near Freshwater?

There are 43 schools within roughly 5km of Freshwater. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Freshwater affordable to buy in?

A median house in Freshwater costs about 28.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Freshwater's population growing?

The population of Freshwater has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Freshwater from the CBD?

Freshwater is about 13 km from the CBD.

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