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Suburb Insights ยท NSW 2021

Centennial Park 2021, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Centennial Park is a well-established middle-ring suburb of Sydney, Australia, with a population of approximately 2,225, making it a boutique locality. Located 4 km from the Sydney CBD, Centennial Park is a middle ring area in New South Wales. The median household income is $112,008 AUD per year (ABS 2021 Census).

Investment Score

75 / 100 Good

Above-average earnings in Centennial Park support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Map shows Centennial Park, New South Wales, Australia.

Key Indicators

Postcode
2021

Official Australia Post postcode for Centennial Park. A postcode may cover multiple suburbs.

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Population
2,225

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

ABS Census Data โ†’
Median Rent (weekly)
$500/wk

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

State Rental Authority โ†’
Median Household Income
$112,008/yr

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

ABS Census Data โ†’
Distance to CBD
4 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)
$2,466/mo

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

ABS Census Data โ†’
Dwelling Type
8% 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

Centennial Park's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $500/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,466/month. A median household income of $112,008/year supports premium property values and indicates a well-employed resident base. With only 8% separate houses, Centennial Park has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Solid fundamentals in Centennial Park support capital growth over a medium to long hold period.

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Rental Yield

Strong tenant demand in Centennial Park underpins consistent rental income and low vacancy risk.

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Renovation / Flip

The resale market in Centennial Park may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Centennial Park property

Full Property Analysis

30-year projections for Centennial Park

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Centennial Park is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Centennial Park should see steady occupancy, with moderate upward pressure on rents. Overall, investor sentiment toward Centennial Park is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Centennial Park a good suburb for investment?

Centennial Park is a middle ring area in New South Wales with a population of 2,225. The median rent is $500/week and the median household income is $112,008/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 Centennial Park?

Key demand drivers in Centennial Park include established amenities and transport access. 8% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Centennial Park?

According to the ABS 2021 Census, Centennial Park has a population of approximately 2,225. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Centennial Park from the Sydney CBD?

Centennial Park is approximately 4 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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