Centennial Park

Centennial Park, NSW 2021 is a suburb with a population of 2225 residents. The majority of the population falls within the age range of 20 to 34 years. The suburb has a high percentage of professionals and managers, indicating a well-educated and affluent community. Commute times are relatively low, with a significant number of residents working from home. Residents have convenient access to public transport options, with a notable proportion opting for motor vehicles for commuting. For houses, Centennial Park presents an opportunity for high-end properties, with a wide range of sale prices. Properties in this category have shown consistent growth over the years. The suburb also has a high demand for renting out rooms, providing potential for additional rental income. However, for units, the market has seen a decrease in median growth rates. The high rented ratio for units suggests a strong rental market, but investors may need to carefully consider growth potential. Centennial Park, NSW 2021 is an affluent suburb with a predominantly young, professional population. The area offers an attractive lifestyle with easy access to public transport and options for working from home. For property investors, the suburb offers potential for growth in the high-end housing market, while units may require a more cautious approach due to lower growth rates. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022