Castle Cove

Castle Cove, NSW 2069 is a suburb with a population of 2,643 residents. The area has a high concentration of professionals and managers. The suburb offers good access to public transport, with a significant percentage of residents opting to work from home. Residents have access to quality education with a high ICSEA percentile for government schools. The median household weekly income is relatively high, reflecting the affluent demographic of the area. For house investors, Castle Cove may present opportunities for renovators given the high Sale Price IQR ratio. The suburb has shown a negative median growth rate in the past year, but historical data indicates strong growth over the long term, making it potentially suitable for investors with a long-term horizon. The vacancy rate is low, suggesting a stable rental market for property investors. Castle Cove, NSW 2069 is an affluent suburb with a predominantly professional demographic and good access to amenities and public transport. The area offers potential investment opportunities for house investors looking for long-term growth and stable rental income. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022