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Suburb Insights ยท NSW 2261

Magenta 2261, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Magenta is a coastal suburb in New South Wales, Australia, with a population of approximately 332, making it a boutique locality. Located approximately 70 km from the Sydney CBD, Magenta is a coastal area in New South Wales. The median household income is $95,836 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Magenta benefits from a high-income resident base, supporting premium property pricing. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Magenta, New South Wales, Australia.

Key Indicators

Postcode
2261

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

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Population
332

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

ABS Census Data โ†’
Median Rent (weekly)
$550/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
$95,836/yr

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

ABS Census Data โ†’
Distance to CBD
70 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)
$2,139/mo

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

ABS Census Data โ†’
Dwelling Type
28% 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

Coastal lifestyle is a strong draw for Magenta, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in New South Wales consistently attract interstate migration and lifestyle buyers. The median rent of $550/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,139/month. The median household income of $95,836/year reflects a solid demographic, supporting sustainable rental demand. With only 28% separate houses, Magenta has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

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

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Magenta property

Full Property Analysis

30-year projections for Magenta

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

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Magenta should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. Tenants in Magenta have options โ€” presenting well-maintained properties is key to minimising vacancy. Magenta offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Magenta a good suburb for investment?

Magenta is a coastal area in New South Wales with a population of 332. The median rent is $550/week and the median household income is $95,836/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 Magenta?

Key demand drivers in Magenta include lifestyle appeal and proximity to the coast. 28% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Magenta?

According to the ABS 2021 Census, Magenta has a population of approximately 332. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Magenta from the Sydney CBD?

Magenta is approximately 70 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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