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Garden Suburb, NSW 2289
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,100,000
market range $1.0M-$1.2M
Median Unit
$885,000
list-price estimate
Gross Yield (houses)
3.8%
1yr Growth (houses)
+11.5%
market range +7.5% to +15.0%
Investment snapshot for Garden Suburb
Garden Suburb has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Garden Suburb market and investor summary
In Garden Suburb, NSW 2289, the median house sells for around $1.1M, on a gross rental yield of 3.8% for houses. House prices have moved +11.5% over the past year and +27.4% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.
Living in Garden Suburb: people, income and schools
Garden Suburb is home to around 1,959 people, a number that has held fairly steady over five years. At a median age of 41, it reads as skewed a little older, and 88% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $123,000 a year (about $2,360 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to about 9.0 times local household income, in line with much of metropolitan Australia. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
Families have 50 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 8 for walkability and 5 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 1,959
- +5% over 5yr
- Median age
- 41 years
- Median household income
- $123,000/yr
- Households renting
- 11%
- Family households
- 82%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 50
- avg ICSEA 1008
- Unemployment
- 3.5%
- Walk score
- 8/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Garden Suburb
View all →Frequently asked questions about Garden Suburb
What should I check before investing in Garden Suburb?
Garden Suburb has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +11.5% in the past year shows strong recent price momentum. 3-year capital growth of +27.4% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Garden Suburb?
The median property price in Garden Suburb, NSW 2289 is $1.1M for houses.
What rental yield does Garden Suburb show?
The gross rental yield in Garden Suburb is 3.8% for houses and 4.0% for units. 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 Garden Suburb?
House prices in Garden Suburb are up 11.5% over the past year and up 27.4% 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 Garden Suburb?
The current vacancy rate in Garden Suburb is 1.4%. 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 Garden Suburb?
Garden Suburb has a population of approximately 1,959 residents, with a median age of 41.
What schools are near Garden Suburb?
There are 50 schools within roughly 5km of Garden Suburb. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Garden Suburb affordable to buy in?
A median house in Garden Suburb costs about 9.0 times the median local household income (broadly in line with metropolitan Australia). 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 Garden Suburb's population growing?
The population of Garden Suburb has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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