True Cost of Buying in Matraville

Market Intelligence

Matraville, a suburb in New South Wales, offers a unique blend of lifestyle and investment opportunities. With a median house price of $1,450,000 and a median unit price of $850,000, the suburb presents a relatively high-end market position. The population of 4,200 residents enjoys a moderate walkability score of 68.0, indicating a decent level of accessibility to local amenities. The schools rating of 7.0 and safety rating of 7.0 suggest a respectable quality of life. Located 10.0 km from the CBD, Matraville provides a reasonable commute to the city center. In terms of investment, the suburb boasts an investment score of 76.0 and a growth potential of 78.0, driven by a rental yield of 3.2% for houses and a low vacancy rate of 1.8%. The median income of $78,000 supports a stable demand for housing. Overall, Matraville's market position and investment outlook are promising, making it an attractive option for those seeking a balanced lifestyle and potential long-term returns.