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Suburb Insights · NSW 2083

Cheero Point, NSW 2083 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Cheero Point is a well-established middle-ring suburb of Sydney, Australia, with a population of approximately 100, making it a boutique locality. Located approximately 40 km from the Sydney CBD, Cheero Point is a middle ring area in New South Wales. The median household income is $126,256 per year.

Investment Score

63 / 100 Good

Above-average earnings in Cheero Point support sustained property values. The outer location offers affordability but may see slower price appreciation.

Location

Sydney
Cheero Point
New South Wales · 2083
40 km from Sydney CBD
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Key Indicators

Postcode
2083

Official Australia Post postcode for Cheero Point. A postcode may cover multiple suburbs.

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Population
100

Usual resident population at the most recent census.

Median weekly rent
$515/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$126,256/yr

Annual median household income (before tax) across all households.

Distance to CBD
40 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,945/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
81% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Cheero Point is a smaller community of 100 — about 2% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $126,256/year runs 29% above the New South Wales suburb median of $97,552, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $515/week (76% coverage of the $2,945/month median mortgage) leaves a gap of roughly $713/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 40 km from Sydney, Cheero Point is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Cheero Point vs New South Wales Median

How Cheero Point stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Cheero Point sits above the state median; negative means below.

MetricCheero PointNSW medianΔ vs state
Population1005,325-98%
Median household income$126,256/yr$97,552/yr+29%
Median rent (weekly)$515$430+20%
Median mortgage (monthly)$2,945$2,167+36%
Distance to CBD40 km45 km-11%
Separate houses81%76%+5pp

Investor Checklist

Pre-inspection briefing for Cheero Point — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 100 means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $515/week covers 76% of a $2,945/month mortgage, leaving a $713/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 81% houses in a 100-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Cheero Point property

Full Property Analysis

30-year projections for Cheero Point

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Cheero Point are modest for 2026 — incomes 29% above the NSW median of $97,552 and a population of 100 suggest gains will lag headline metro markets. Rental coverage runs at ~76% of the typical mortgage ($2,232/month rent vs $2,945/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 63/100 places Cheero Point in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Cheero Point a good suburb for investment?

Cheero Point scores 63/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 100, median household income of $126,256/year and median weekly rent of $515. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Cheero Point?

The main demand drivers in Cheero Point are an above-state-median household income of $126,256/year, a dwelling mix that is 81% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Cheero Point?

Cheero Point has a usual resident population of approximately 100, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Cheero Point from the Sydney CBD?

Cheero Point sits 40 km straight-line from the Sydney CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Cheero Point?

The most recent census recorded a median weekly rent of $515 in Cheero Point, equating to approximately $26,780/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Cheero Point?

The median monthly mortgage repayment in Cheero Point is $2,945, or approximately $35,340/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Cheero Point cash-flow positive for investors?

A median weekly rent of $515 works out to $2,232/month, covering 76% of the median mortgage repayment of $2,945/month. That leaves a $713/month shortfall (around $8,556/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Cheero Point?

The main risks are a thin buyer pool (100 residents), interest-rate sensitivity on the $2,945 median mortgage, the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Cheero Point profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources