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Postcode 2390 (NSW) property development snapshot

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

$470,000
Median house price · December 2025 quarter
-2.1%
Median change, year on year
47
House sales in the period
$500/wk
Median rent · houses, all beds
5.5%
Indicative gross yield
#32
of 50 · NSW Opportunity Index

Median rents by bedroom

Type1-bed2-bed3-bed4+ bedAll
House$340/wk (6 bonds)$510/wk (22 bonds)$550/wk (9 bonds)$500/wk (37 bonds)
Unit$280/wk (11 bonds)$300/wk (21 bonds)$290/wk (32 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 roughly 5.5% gross on bond-median rents, Postcode 2390 sits at the stronger end of the yield spectrum — the rent side genuinely supports a feasibility here, rather than the end value having to carry the whole case. The median moved -2.1% year-on-year on 47 sales — a softening tape can mean negotiating room on the land, but re-check end values on the way down before banking the discount. Postcode 2390 sits at #32 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. 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 2390.

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 2388 · Postcode 2382 · Postcode 2380

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.