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Suburb Insights · NSW 2173

Wattle Grove, NSW 2173 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Wattle Grove is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 8,886, making it a smaller community. Located approximately 27 km from the Sydney CBD, Wattle Grove is a outer metro area in New South Wales. The median household income is $127,868 per year.

Investment Score

73 / 100 Good

Strong household incomes in Wattle Grove underpin solid property demand.

Location

Sydney
Wattle Grove
New South Wales · 2173
27 km from Sydney CBD
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Key Indicators

Postcode
2173

Official Australia Post postcode for Wattle Grove. A postcode may cover multiple suburbs.

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Population
8,886

Usual resident population at the most recent census.

Median weekly rent
$500/wk

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

Median household income
$127,868/yr

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

Distance to CBD
27 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb.

Median monthly mortgage
$2,200/mo

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

Home type
95% houses

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

Why People Like Living in Wattle Grove

Who Wattle Grove 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 27 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Local parks and reserves (around 4) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • New-estate oversupply risk — many similar homes can compete for the same buyers.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Wattle Grove's population of 8,886 sits 67% above the New South Wales suburb median of 5,325, giving it a wider tenant and buyer catchment than the average NSW locality. Median household income of $127,868/year runs 31% 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 $500 equates to $2,167/month — about 99% of the median mortgage repayment of $2,200/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 27 km from Sydney, Wattle Grove is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Separate houses make up 95% of dwellings — 19 percentage points above the New South Wales median of 76% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Investment Tip

Outer-metro suburbs reward careful property selection — aim for homes near infrastructure rather than generic house-and-land packages. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.

Wattle Grove vs New South Wales Median

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

MetricWattle GroveNSW medianΔ vs state
Population8,8865,325+67%
Median household income$127,868/yr$97,552/yr+31%
Median rent (weekly)$500$430+16%
Median mortgage (monthly)$2,200$2,167+2%
Distance to CBD27 km45 km-40%
Separate houses95%76%+19pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Solid buy-and-hold profile: a population of 8,886 and household income close to the NSW median ($127,868 vs $97,552) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.

Rental Yield

Strong rental coverage: $500/week (~$2,167/month) covers 99% of the $2,200/month median mortgage repayment, so the shortfall sits at just $33/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

A dwelling mix skewed to houses (95% vs 76% NSW median) combined with a population of 8,886 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.

Risk Factors

Run the numbers on a Wattle Grove property

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30-year projections for Wattle Grove

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Strong

Property values in Wattle Grove should track the wider New South Wales market through 2026, with the $127,868/year median household income (31% above the $97,552 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~99% of the typical mortgage ($2,167/month rent vs $2,200/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 73/100 places Wattle Grove 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 Wattle Grove a good suburb for investment?

Wattle Grove scores 73/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 8,886, median household income of $127,868/year and median weekly rent of $500. 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 Wattle Grove?

The main demand drivers in Wattle Grove are an above-state-median household income of $127,868/year, a dwelling mix that is 95% separate houses, roughly 2 schools and 4 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 Wattle Grove?

Wattle Grove has a usual resident population of approximately 8,886, compared with a New South Wales suburb median of 5,325 — placing it in the upper 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 Wattle Grove from the Sydney CBD?

Wattle Grove sits 27 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 Wattle Grove?

The most recent census recorded a median weekly rent of $500 in Wattle Grove, equating to approximately $26,000/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 Wattle Grove?

The median monthly mortgage repayment in Wattle Grove is $2,200, or approximately $26,400/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 Wattle Grove cash-flow positive for investors?

A median weekly rent of $500 works out to $2,167/month, covering 99% of the median mortgage repayment of $2,200/month. That leaves a $33/month shortfall (around $396/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 Wattle Grove?

The main risks are interest-rate sensitivity on the $2,200 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 Wattle Grove 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