Cardiff Heights

Cardiff Heights, NSW 2285 is a suburb with a population of 1384 residents. The demographic profile skews towards older age groups, with a significant number of residents aged 45 years and above. The median household income is $1,850 per week, and the suburb offers a mix of occupations, with professionals, managers, and technicians being the top three occupational groups. The suburb provides good infrastructure for commuting, with a notable proportion of residents working from home. For house investors, Cardiff Heights presents an opportunity for renovations due to a high sale price IQR ratio, indicating potential in the market for improving properties. The suburb also shows a positive median growth rate in the past 10 years. On the other hand, unit investors should consider the rental demand, as the ratio of rooms demanded to rooms supplied is high. The discount median for units suggests that competitive pricing strategies may be necessary for successful sales. Cardiff Heights, NSW 2285 is a suburb with a mature population and a growing income level. It offers various commuting options, including a significant portion working from home. House investors can explore renovation opportunities in the market, while unit investors should focus on meeting rental demand effectively. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022