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Postcode 2179 (NSW) property development snapshot

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

$1,098,000
Median house price · December 2025 quarter
+22.7%
Median change, year on year
155
House sales in the period
$825/wk
Median rent · houses, all beds
3.9%
Indicative gross yield
#11
of 50 · NSW Opportunity Index

Median rents by bedroom

Type1-bed2-bed3-bed4+ bedAll
House$572/wk (12 bonds)$750/wk (31 bonds)$850/wk (263 bonds)$825/wk (310 bonds)
Unit$400/wk (9 bonds)$552/wk (8 bonds)$510/wk (18 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.

Gross yield around 3.9% is thin — projects in Postcode 2179 lean on end values, not rent. Sell-down schemes (subdivide-and-sell, build-and-sell) fit the profile better than holds financed on rental income. The median moved +22.7% year-on-year on 155 sales — momentum is real, but never pay for it twice: if the asking price already banks the growth, the residual land value has to be run on today's evidence, not the trend line. Postcode 2179 qualifies for the NSW Opportunity Index at #11 of 50 — mid-table on the yield-led score, so neither the rent side nor the momentum story dominates here. Rental depth is genuine: 310 bonds behind the headline median means the rent figure is an observed market, not a handful of tenancies. 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 2179.

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 2178 · Postcode 2177 · Postcode 2176

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.