Skip to main content

Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.

Take the 2-min quiz

12,000+ suburbs | 110k+ live listings | refreshed daily

Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.

See a sample suburb report before signing up or paying. | Take the 30-second product tour

Wattle Grove, NSW 2173

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,360,000

market range $1.3M-$1.4M

Median Unit

$930,000

list-price estimate

Gross Yield (houses)

3.0%

1yr Growth (houses)

+6.3%

market range +0.0% to +12.5%

Investment snapshot for Wattle Grove

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

Read the full Wattle Grove verdict

Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.

Short-term access. No subscription. See all plans

See sample analysis before paying.

Investment score breakdown

See exactly which signals drive Wattle Grove - yield, growth, affordability, vacancy, livability, safety, and demographics.

Access from $20. Cancel anytime. See all plans

Secure checkout by Stripe. Cancel anytime.

Wattle Grove market and investor summary

In Wattle Grove, NSW 2173, the median house sells for around $1.4M, on a gross rental yield of 3.0% for houses. House prices have moved +6.3% over the past year and +24.3% over three years. At 1.2% 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 3.0% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Wattle Grove: people, income and schools

Wattle Grove has a resident population of roughly 8,886, a number that has held fairly steady over five years. At a median age of 35, it reads as broadly working-age, and families account for 86% of households.

The typical household income runs to around $128,000 a year (about $2,460 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 10.6 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.

Families have 34 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Wattle Grove sits about 27 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 65 for walkability and 12 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
8,886
-1% over 5yr
Median age
35 years
Median household income
$128,000/yr
Households renting
29%
Family households
86%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
34
avg ICSEA 1101
Unemployment
1.4%
Distance to CBD
27 km
Walk score
65/100

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

Properties in Wattle Grove

View all →

Frequently asked questions about Wattle Grove

What should I check before investing in Wattle Grove?

Wattle Grove has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.0% gives a usable rent-to-price starting point. Capital growth of +6.3% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Wattle Grove?

The median property price in Wattle Grove, NSW 2173 is $1.4M for houses.

What rental yield does Wattle Grove show?

The gross rental yield in Wattle Grove is 3.0% 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 Wattle Grove?

House prices in Wattle Grove are up 6.3% over the past year and up 24.3% 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 Wattle Grove?

The current vacancy rate in Wattle Grove is 1.2%. 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 Wattle Grove?

Wattle Grove has a population of approximately 8,886 residents, with a median age of 35.

What schools are near Wattle Grove?

There are 34 schools within roughly 5km of Wattle Grove. 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 Wattle Grove affordable to buy in?

A median house in Wattle Grove costs about 10.6 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 Wattle Grove's population growing?

The population of Wattle Grove has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Wattle Grove from the CBD?

Wattle Grove is about 27 km from the CBD.

Keep researching with PropRadar

Free tools for the rest of your investment decision, no card required.