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Pagewood, NSW 2035

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

Data updated

Tight Rental Market

Median House

$2,750,000

market range $2.6M-$3.0M

Median Unit

$1,010,000

market range $925K-$1.3M

Gross Yield (units)

4.4%

1yr Growth (houses)

+0.4%

market range -2.5% to +10.0%

Investment snapshot for Pagewood

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

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Pagewood market and investor summary

Pagewood (NSW 2035) runs a median house price of $2.8M. House prices have moved +0.4% over the past year and +12.4% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.

Living in Pagewood: people, income and schools

Pagewood is home to around 3,885 people, and the area has been growing steadily, up about 6% over five years. The median age is 42, skewed a little older, and 72% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $119,000 a year, or roughly $2,280 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 23.2 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 39% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 65 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 7.9 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 63 for walkability and 16 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
3,885
+6% over 5yr
Median age
42 years
Median household income
$119,000/yr
Households renting
26%
Family households
76%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
65
avg ICSEA 1098
Unemployment
5.8%
Distance to CBD
7.9 km
Walk score
63/100

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

Properties in Pagewood

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Frequently asked questions about Pagewood

What should I check before investing in Pagewood?

Pagewood has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.4% gives a usable rent-to-price starting point. Tight rental market (0.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Pagewood?

The median property price in Pagewood, NSW 2035 is $2.8M for houses and $1.0M for units.

What rental yield does Pagewood show?

The gross rental yield in Pagewood is 4.4% 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 Pagewood?

House prices in Pagewood are up 0.4% over the past year and up 12.4% 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 Pagewood?

The current vacancy rate in Pagewood is 0.7%. 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 Pagewood?

Pagewood has a population of approximately 3,885 residents, with a median age of 42.

What schools are near Pagewood?

There are 65 schools within roughly 5km of Pagewood. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Pagewood affordable to buy in?

A median house in Pagewood costs about 23.2 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 Pagewood's population growing?

The population of Pagewood has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Pagewood from the CBD?

Pagewood is about 7.9 km from the CBD.

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