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Postcode 2290 (NSW) property development snapshot

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

$1,115,000
Median house price · December 2025 quarter
+17.4%
Median change, year on year
116
House sales in the period
$728/wk
Median rent · houses, all beds
3.4%
Indicative gross yield
#37
of 50 · NSW Opportunity Index

Median rents by bedroom

Type1-bed2-bed3-bed4+ bedAll
House$470/wk (7 bonds)$625/wk (22 bonds)$730/wk (74 bonds)$950/wk (26 bonds)$728/wk (130 bonds)
Townhouse$770/wk (14 bonds)$750/wk (18 bonds)
Unit$490/wk (11 bonds)$532/wk (18 bonds)$510/wk (33 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 3.4% is thin — projects in Postcode 2290 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 +17.4% year-on-year on 116 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 2290 sits at #37 of 50 in the NSW Opportunity Index — it qualifies on data depth, but the yield-led scoring places it low: prices have outrun rents, which is a profile that favours sell-down schemes over holds. Rental depth is genuine: 130 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 2290.

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 2289 · Postcode 2291 · Postcode 2292

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.