Milperra NSW Property Investment

Canterbury-Bankstown · 2214

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Median House Price

$1.55M

As of 7 Nov 2026.

Rental Yield

3.8%

Vacancy Rate

N/A

Median Weekly Rent

$1125/wk

Source: NSW Fair Trading, Residential Rental Bond Lodgements (Oct 2025 to Sep 2026). As of Sept 2026.

Median Unit Price

$1.19M

As of 7 Nov 2026.

Population (Census 2021)

4,074

Milperra Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Canterbury-Bankstown council area, 12 months to Aug 2026: 1,803. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Milperra.

Suburb Metric Thresholds

4 green5 yellow1 red

Weekly Rent (house)

1125 medium impact

Population growth 2016–21, postcode 2214 (ABS Census)

0.61 high impact

Median Household Income

2117 medium impact

Public Transport Score

5.7 medium impact

School Zone Quality

6.8 medium impact

Distance to CBD

22.42 medium impact

SEIFA Advantage/Disadvantage

7 medium impact

Owner Occupier Rate

87.4 medium impact

Gross Rental Yield (%)

3.77 high impact

Net Rental Yield (%)

2.62 high impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2214

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population (suburb)

4,074

Education (IEO)

7/10

Econ. Resources (IER)

10/10

Crime & Safety

Source: NSW Bureau of Crime Statistics and Research · 12 months to Jun 2026

Safety score

5.1/10

Offences per 1,000

47.6

Recorded offences

194

Milperra: score 1–10, relative to other NSW suburbs (10 = lowest recorded offence rate per resident). Recorded offences, 12 months to Jun 2026 (suburb-level).

Source: NSW Bureau of Crime Statistics and Research, recorded offences, 12 months to Jun 2026. Population: ABS Census 2021 (SAL). Licensed under CC BY 3.0 AU. Dataset

Schools

In your catchment

Milperra PS

PrimaryGovernment

6.3/10

Picnic Pt HS

SecondaryGovernment

6.4/10

East Hls BHS

SecondaryGovernment

6.2/10

East Hls GTHS

SecondaryGovernment

No data

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.