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Suburb Insights ยท NSW 2157

Canoelands 2157, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Canoelands is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 177, making it a boutique locality. Located approximately 43 km from the Sydney CBD, Canoelands is a outer metro area in New South Wales. The median household income is $112,632 AUD per year (ABS 2021 Census).

Investment Score

57 / 100 Moderate

Canoelands benefits from a high-income resident base, supporting premium property pricing. The outer location offers affordability but may see slower price appreciation.

Location

Map shows Canoelands, New South Wales, Australia.

Key Indicators

Postcode
2157

Official Australia Post postcode for Canoelands. A postcode may cover multiple suburbs.

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Population
177

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$440/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$112,632/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
43 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,084/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
87% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Canoelands's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $440/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,084/month. A median household income of $112,632/year supports premium property values and indicates a well-employed resident base. 87% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Canoelands over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Expect competitive but not exceptional rental returns in Canoelands's current market.

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Renovation / Flip

Limited buyer depth in Canoelands makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Canoelands property

Full Property Analysis

30-year projections for Canoelands

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in Canoelands through 2026 will likely be steady rather than spectacular, tracking the wider market. Tenants in Canoelands have options โ€” presenting well-maintained properties is key to minimising vacancy. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Canoelands a good suburb for investment?

Canoelands is a outer metro area in New South Wales with a population of 177. The median rent is $440/week and the median household income is $112,632/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Canoelands?

Key demand drivers in Canoelands include affordability relative to inner suburbs and expanding infrastructure. 87% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Canoelands?

According to the ABS 2021 Census, Canoelands has a population of approximately 177. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Canoelands from the Sydney CBD?

Canoelands is approximately 43 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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