Located in New South Wales within the Sydney local government area, Redfern is an established suburb (postcode 2016). With a population of 13,072, the suburb has a mix of families and early-career residents with a median age of 36. Households earn a median income of $112K per year, with an average household size of 1.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Redfern stand at $2.1 million, having dipped slightly by 2.1% over the last twelve months. Units have a median price of $865,000 (-27.9% YoY). The current median weekly rent is $799. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,811.
Redfern is served by 2 schools, including 2 special. The average ICSEA score is 788, which is well below the national average of 1,000. Public transport access includes 1 rail station, 23 bus stops. The crime rate in the Sydney LGA is moderate at 7,521 incidents per 100,000 population.
Looking at the investment signals, Redfern shows a gross rental yield of approximately 2.0%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.9x is considered stretched. House prices have moved -2.1% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.