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Postcode 2040 (NSW) property development snapshot

GoSiteHunt Research · New South Wales · sales December 2025 quarter · rents April 2026 to June 2026 bond lodgements (3 months)

$2,175,000
Median house price · December 2025 quarter
+7.4%
Median change, year on year
72
House sales in the period
$1110/wk
Median rent · houses, all beds
2.7%
Indicative gross yield

Median rents by bedroom

Type1-bed2-bed3-bed4+ bedAll
House$700/wk (9 bonds)$900/wk (29 bonds)$1200/wk (42 bonds)$1675/wk (14 bonds)$1110/wk (94 bonds)
Townhouse$920/wk (11 bonds)$1100/wk (14 bonds)$1000/wk (28 bonds)
Unit$600/wk (40 bonds)$800/wk (47 bonds)$1050/wk (6 bonds)$680/wk (97 bonds)

Bond-lodgement medians from the NSW Fair Trading Rental Bond Lodgement data © State of New South Wales (CC BY 4.0), April 2026 to June 2026 bond lodgements (3 months). "Low sample" = the count is masked or small at source; treat those medians with care.

What the data suggests for developers.

At around 2.7% gross, rent barely registers against the $2,175,000 median — this is an end-value-led market. A feasibility in Postcode 2040 stands or falls on the sale price of the finished product, and holding costs bite harder while you build. Median growth of +7.4% year-on-year on 72 sales reads as steady rather than speculative — a reasonable backdrop for a scheme that still has to work at today's end values. All of the above is area-level screening, not advice: a specific parcel lives or dies on zoning, overlays, frontage, and the end value of what it can actually carry.

Check a specific address in Postcode 2040.

This page is postcode-level screening. For one property — zoning, what could be built, what a developer could pay — run a GoSiteHunt site check, screen it with the free Deal Killer Checklist, or see how many units fit on a block.

Related postcode snapshots: Postcode 2039 · Postcode 2041 · Postcode 2038

State-wide ranking: NSW Opportunity Index · all covered areas: suburb data hub

Granularity & method.

Postcode-level — the finest granularity NSW publishes under an open licence. (Suburb-level sale prices exist only in the Valuer-General's PSI files, which are CC BY-NC-ND and deliberately not used here.) Sale medians are non-strata (house) sales. Indicative gross yield = headline weekly bond median × 52 ÷ sale median — a screening ratio, not a valuation input.

Sources: NSW Rent and Sales Report, © State of NSW (DCJ), CC BY 4.0 · NSW Fair Trading Rental Bond Lodgement data © State of NSW (CC BY 4.0) · Indicative screening data — not financial, investment, valuation or planning advice. Area medians can move sharply between periods, especially on thin samples. © Madison Jade Pty Ltd.