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Postcode 2487 (NSW) property development snapshot

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

$1,950,000
Median house price · December 2025 quarter
+6.3%
Median change, year on year
53
House sales in the period
$1395/wk
Median rent · houses, all beds
3.7%
Indicative gross yield

Median rents by bedroom

Type1-bed2-bed3-bed4+ bedAll
House$772/wk (6 bonds)$1100/wk (17 bonds)$1500/wk (29 bonds)$1395/wk (55 bonds)
Townhouse$1200/wk (7 bonds)$1200/wk (14 bonds)
Unit$690/wk (9 bonds)$832/wk (26 bonds)$1000/wk (23 bonds)$900/wk (59 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 3.7% is thin — projects in Postcode 2487 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. Median growth of +6.3% year-on-year on 53 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 2487.

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 2486 · Postcode 2488 · Postcode 2485

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.