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Suburb Insights · NSW 2066

Northwood, NSW 2066 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Northwood is a well-established middle-ring suburb of Sydney, Australia, with a population of approximately 916, making it a boutique locality. Located 5 km from the Sydney CBD, Northwood is a middle ring area in New South Wales. The median household income is $260,624 per year.

Investment Score

79 / 100 Good

Northwood benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.

Location

Sydney
Northwood
New South Wales · 2066
5 km from Sydney CBD
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Key Indicators

Postcode
2066

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

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Population
916

Usual resident population at the most recent census.

Median weekly rent
$1,200/wk

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

Median household income
$260,624/yr

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

Distance to CBD
5 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
$4,200/mo

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

Home type
86% houses

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

Investment Insight

Northwood is a smaller community of 916 — about 17% 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 $260,624/year runs 167% 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. Median weekly rent of $1,200 equates to $5,200/month — about 124% of the median mortgage repayment of $4,200/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 5 km from the Sydney CBD, Northwood sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Northwood vs New South Wales Median

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

MetricNorthwoodNSW medianΔ vs state
Population9165,325-83%
Median household income$260,624/yr$97,552/yr+167%
Median rent (weekly)$1,200$430+179%
Median mortgage (monthly)$4,200$2,167+94%
Distance to CBD5 km45 km-89%
Separate houses86%76%+10pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 167% above the New South Wales suburb median ($260,624 vs $97,552), and the 5 km CBD distance keeps this suburb in the primary demand zone. In New South Wales, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

Rental Yield

Strong rental coverage: $1,200/week (~$5,200/month) covers 124% of the $4,200/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 86% houses in a 916-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 Northwood property

Full Property Analysis

30-year projections for Northwood

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Strong

Northwood enters 2026 with a demographic tailwind — household incomes 167% above the New South Wales suburb median of $97,552 and a population of 916 give it the depth and purchasing power to outperform the wider NSW market over the next 12–18 months. Rental coverage runs at ~124% of the typical mortgage ($5,200/month rent vs $4,200/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 79/100 places Northwood in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Northwood a good suburb for investment?

Northwood scores 79/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 916, median household income of $260,624/year and median weekly rent of $1,200. 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 Northwood?

The main demand drivers in Northwood are proximity to Sydney (5 km), an above-state-median household income of $260,624/year, a dwelling mix that is 86% 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 Northwood?

Northwood has a usual resident population of approximately 916, 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 Northwood from the Sydney CBD?

Northwood sits 5 km straight-line from the Sydney CBD. This is inner-ring territory — pricing competes directly with established Sydney employment nodes.

What is the median rent in Northwood?

The most recent census recorded a median weekly rent of $1,200 in Northwood, equating to approximately $62,400/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 Northwood?

The median monthly mortgage repayment in Northwood is $4,200, or approximately $50,400/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 Northwood cash-flow positive for investors?

A median weekly rent of $1,200 works out to $5,200/month, covering 124% of the median mortgage repayment of $4,200/month. That means rent exceeds the median repayment by roughly $1,000/month, so on these numbers Northwood leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. 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 Northwood?

The main risks are a thin buyer pool (916 residents), interest-rate sensitivity on the $4,200 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 Northwood 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