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Suburb Insights ยท NSW 1490

Miranda 1490, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Miranda is a regional centre in New South Wales, Australia, with a population of approximately 17,942, making it a smaller community. Located approximately 21 km from the Sydney CBD, Miranda is a regional area in New South Wales. The median household income is $99,840 AUD per year (ABS 2021 Census).

Investment Score

63 / 100 Good

Miranda benefits from a high-income resident base, supporting premium property pricing. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Miranda, New South Wales, Australia.

Key Indicators

Postcode
1490

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

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Population
17,942

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

ABS Census Data โ†’
Median Rent (weekly)
$488/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
$99,840/yr

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

ABS Census Data โ†’
Distance to CBD
21 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
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
7

Estimated 7 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,546/mo

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

ABS Census Data โ†’
Dwelling Type
37% 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

As a regional centre, Miranda serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $488/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,546/month. The median household income of $99,840/year reflects a solid demographic, supporting sustainable rental demand. With only 37% separate houses, Miranda 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 Miranda over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental returns in Miranda are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

Renovation or flip strategies in Miranda face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Miranda property

Full Property Analysis

30-year projections for Miranda

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital growth in Miranda may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Miranda offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Miranda a good suburb for investment?

Miranda is a regional area in New South Wales with a population of 17,942. The median rent is $488/week and the median household income is $99,840/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 Miranda?

Key demand drivers in Miranda include regional employment hubs, lifestyle, and affordability. 37% of dwellings are separate houses. The area has approximately 4 schools and 7 parks nearby.

What is the population of Miranda?

According to the ABS 2021 Census, Miranda has a population of approximately 17,942. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Miranda from the Sydney CBD?

Miranda is approximately 21 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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