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Suburb Insights · NSW 2224

Sylvania Waters, NSW 2224 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Sylvania Waters is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 3,200, making it a boutique locality. Located approximately 19 km from the Sydney CBD, Sylvania Waters is a outer metro area in New South Wales. The median household income is $123,292 per year.

Investment Score

79 / 100 Good

Strong household incomes in Sylvania Waters underpin solid property demand.

Location

Sydney
Sylvania Waters
New South Wales · 2224
19 km from Sydney CBD
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Key Indicators

Postcode
2224

Official Australia Post postcode for Sylvania Waters. A postcode may cover multiple suburbs.

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Population
3,200

Usual resident population at the most recent census.

Median weekly rent
$600/wk

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

Median household income
$123,292/yr

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

Distance to CBD
19 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
$3,000/mo

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

Home type
75% houses

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

Why People Like Living in Sylvania Waters

Who Sylvania Waters Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the New South Wales median — stretch goal.
💼ProfessionalsAround 19 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Affordable entry point compared with inner-city suburbs.

Cons

  • Median mortgage sits above the New South Wales state median — entry costs are stretched.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

Sylvania Waters is a smaller community of 3,200 — about 60% 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 $123,292/year runs 26% 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 $600/week (87% coverage of the $3,000/month median mortgage) leaves a gap of roughly $400/month that a typical investor bridges with negative gearing, depreciation and capital growth. 19 km from Sydney places Sylvania Waters in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

This suburb suits long-term investors due to steady population growth and affordable entry prices. Look for established streets close to schools and shops rather than raw new-estate land. Local rents consume roughly 25% of household income — a useful sanity check on tenant affordability.

Sylvania Waters vs New South Wales Median

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

MetricSylvania WatersNSW medianΔ vs state
Population3,2005,325-40%
Median household income$123,292/yr$97,552/yr+26%
Median rent (weekly)$600$430+40%
Median mortgage (monthly)$3,000$2,167+38%
Distance to CBD19 km45 km-58%
Separate houses75%76%-1pp

Investor Checklist

Pre-inspection briefing for Sylvania Waters — 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 26% above the New South Wales suburb median ($123,292 vs $97,552), and the 19 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: $600/week (~$2,600/month) covers 87% of the $3,000/month median mortgage repayment, so the shortfall sits at just $400/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 75% houses in a 3,200-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 Sylvania Waters property

Full Property Analysis

30-year projections for Sylvania Waters

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2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Strong

Sylvania Waters enters 2026 with a demographic tailwind — household incomes 26% above the New South Wales suburb median of $97,552 and a population of 3,200 give it the depth and purchasing power to outperform the wider NSW market over the next 12–18 months. Rental coverage runs at ~87% of the typical mortgage ($2,600/month rent vs $3,000/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 79/100 places Sylvania Waters 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 Sylvania Waters a good suburb for investment?

Sylvania Waters scores 79/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,200, median household income of $123,292/year and median weekly rent of $600. 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 Sylvania Waters?

The main demand drivers in Sylvania Waters are proximity to Sydney (19 km), an above-state-median household income of $123,292/year, a dwelling mix that is 75% 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 Sylvania Waters?

Sylvania Waters has a usual resident population of approximately 3,200, 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 Sylvania Waters from the Sydney CBD?

Sylvania Waters sits 19 km straight-line from the Sydney CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Sylvania Waters?

The most recent census recorded a median weekly rent of $600 in Sylvania Waters, equating to approximately $31,200/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 Sylvania Waters?

The median monthly mortgage repayment in Sylvania Waters is $3,000, or approximately $36,000/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 Sylvania Waters cash-flow positive for investors?

A median weekly rent of $600 works out to $2,600/month, covering 87% of the median mortgage repayment of $3,000/month. That leaves a $400/month shortfall (around $4,800/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 Sylvania Waters?

The main risks are a thin buyer pool (3,200 residents), interest-rate sensitivity on the $3,000 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 Sylvania Waters 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