Queens Park
A 99th-percentile household income profile sets Queens Park apart: households report $3,441 a week, while 67.3% of adults hold a university qualification. The compact 0.84 sq km suburb houses 3,143 people at a density of 3,726.1 residents per sq km, creating a dense eastern-Sydney setting. Compared with the national median, household purchasing power is substantially higher. Nearby Waverley and Bondi Junction frame the local market, while Queens Park has 31.9% overseas-born residents and a 37.9% semi-detached housing share. Growth is running at 2.5% a year, making this an established but high-growth pocket.
Population
3,143
Median Age
40.0
Household IncomeiMedian weekly household income (ABS Census)
$3,441/wk
DAs (12 months)iDevelopment Applications lodged in the past year
47
Queens Park is financially accessible mainly to high-income buyers, not because entry costs are low. Household income sits at the 99th percentile, yet the typical mortgage commitment is $4,333 a month; at 29.1% of household income, the mortgage burden is not marked as stressed. Renting costs $682 a week, equal to 19.8% of income. The dwelling mix supports choice, with 37.9% semi-detached homes, 35.9% separate houses and 25.7% apartments. Larger households have options too, as 33.6% of homes contain 4 or more bedrooms. Compared with the national income position, buyers are better placed to absorb costs, but should still check strata fees, parking, land size and renovation exposure.
For Buyers
Queens Park is financially accessible mainly to high-income buyers, not because entry costs are low. Household income sits at the 99th percentile, yet the typical mortgage commitment is $4,333 a month; at 29.1% of household income, the mortgage burden is not marked as stressed. Renting costs $682 a week, equal to 19.8% of income. The dwelling mix supports choice, with 37.9% semi-detached homes, 35.9% separate houses and 25.7% apartments. Larger households have options too, as 33.6% of homes contain 4 or more bedrooms. Compared with the national income position, buyers are better placed to absorb costs, but should still check strata fees, parking, land size and renovation exposure.
For Investors
Queens Park's investor case rests on established demand and a substantial renovation pipeline rather than a cheap-entry strategy. Rent is $682 a week, 28.7% of dwellings are rented and vacancy is 8.3%, so tenant choice and leasing speed should be tested property by property. There were 49 development applications in 12 months across just 0.84 sq km, with dwelling alterations and additions prominent in recent examples. Growth is forecast at 2.5% annually and driven by overseas migration. Above the national household-income midpoint, the suburb may have resilient demand, but investors should check yield, strata, maintenance and holding costs rather than rely on headline growth.
Development Activity
Total DAs
276
Last 12 Months
47
YoY ChangeiYear-over-year change in DA lodgements
-17.5%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
Queens Park has a mature, highly educated demographic: median age is 40, equal to the national comparison, while university attainment reaches 67.3%, or 37.2 percentage points above national. Overseas-born residents make up 31.9%, 10.3 points above national, helping explain why overseas migration is the forecast growth driver. Households average 2.6 people, just 0.1 above national; 55.1% of families are couples with children and 32.7% are couples without children. English and Irish ancestry counts are 1,114 and 456, while no religion and Christianity are reported by 1,295 and 1,274 people. Nearby Waverley and Bondi Junction frame the same eastern-Sydney market, while 75.5% stayed at the same address.
Age Distribution
Bedrooms
Dwelling Structure
35.9%
Houses
37.9%
Townhouse
25.7%
Apartment
Tenure
Queens Park's housing profile is split between family-sized dwellings and medium-density formats. Separate houses account for 35.9%, semi-detached homes 37.9% and apartments 25.7%; bedroom supply is similarly broad, with 33.6% having 4 or more bedrooms, 33.6% having 3 and 23.6% having 2. Tenure is divided between 37.3% owned outright, 32.6% mortgaged and 28.7% rented. The $682 weekly rent equals 19.8% of household income, while the $4,333 monthly mortgage equals 29.1%, consistent with a high-income market above the national median. Compared with a lower-income suburb, Queens Park can carry higher absolute housing costs, but households have more capacity to manage them.
Mortgage / mo
$4,333
Rent / wkiMedian weekly rent for new bonds (April to June 2026), NSW Rental Bond Board (DCJ). Census 2021 median: $682.
$1,000
Bond data Jun 2026 · houses $1,695 · units $960
HH Size
2.6
Personal Income / wk
$1,515
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
8.3%
Unoccupied
104
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.8%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
29.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
55.1%
Couples with children
32.7%
Couples, no children
11.0%
Single parent
830
Total families
Economy & Employment
Queens Park's economy is concentrated in knowledge and service work. Professional/Tech accounts for 21.7% of industry employment, followed by Finance at 16.5%, Healthcare at 13.7%, Education at 8.3% and Construction at 5.8%. The occupation mix reinforces that pattern, with 715 professionals and 373 managers ahead of 153 clerical/admin workers and 110 sales workers. Of a 1,634-person labour force, 64.8% work full-time, unemployment is 3.4% and participation is 66.5%. A 66.3% work-from-home rate helps explain the suburb's household income of $3,441 weekly. Compared with the national median, its 99th-percentile household income is markedly higher, supporting a professional local consumer base.
Unemployment
3.4%
Labour Force
1,634
Unemployed
56
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
64.8%
Part-time
27.1%
Participation
66.5%
Employed
1,578
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
67.3%
Postgraduate
20.5%
Born Overseas
31.9%
Dwellings
1,157
Transport to Work
Queens Park is compact and well suited to households that value home-based work and short local trips. At 3,726.1 residents per sq km across 0.84 sq km, daily access is geographically compact, while 66.3% work from home. Compared with the 20.9% who drive to work, 6.8% walk or cycle and 4.6% use public transport, so the mobility profile is less car-led but not strongly transit-based. Community participation is visible in a 20.3% volunteering rate, and 3.3% need assistance. Families should check exact enrolment zones and school travel times before buying, because a compact boundary does not guarantee the same route or catchment for every address. For safety, use current NSW Police crime mapping and inspect the street at different times.
Drive
20.9%
Public Transport
4.6%
Walk / Cycle
6.8%
Work from Home
66.3%
Population Forecast
+2.5%/yr
(+617 people/yr)
EstablishedQueens Park's growth outlook is stronger than its established label suggests. The forecast trend is 2.5% annually, with overseas migration named as the primary driver, while population change across the wider area runs at 38.2% over 10 years. The gentrification signal is Active with a score of 44, higher than the earlier shift score of 22 and labelled Early signs. The broader trajectory is Mixed: affordability moved from 54.6 in 2011 to 44.5 in 2021, while real income growth reached 5.9%. A 49-application development pipeline and a 1.7-point lift in young resident share suggest ongoing renewal, but the established housing base means change is likely to be incremental rather than uniform.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+1,045
Net Internal / yr
-546
Gentrification Signal
Active
Population +56% since 2011, Net internal outflow -546/yr, Strong overseas inflow +1045/yr, Accelerating: 19% → 31%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Queens Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Queens Park a good suburb to live in?
Queens Park suits households that can fund an established eastern-Sydney address and value density, professional work and home-based routines. Median age is 40, university attainment is 67.3% and 66.3% work from home. Compare the exact street, parking, noise and enrolment zone with nearby Waverley before committing.
What is the median house price in Queens Park?
Check a current sales source for Queens Park's median house price before making an offer. The $682 weekly rent and $4,333 monthly mortgage are useful affordability markers, but neither is a sale-price substitute. Confirm the figure against recent house transactions, land size, condition and bedroom count.
What schools are in Queens Park?
School access should be checked by exact address rather than assumed from the suburb name. Compare current enrolment zones, travel times and out-of-area rules for government, Catholic and independent options. Within a 0.84 sq km suburb containing 3,143 residents, a few blocks can change the practical route.
Is Queens Park safe?
Use current NSW Police crime mapping, inspect the street during both day and night, and ask about recent incidents before signing a lease or contract. Queens Park has 3,143 residents across 0.84 sq km, so local conditions can differ by block and a suburb-wide impression should not replace address-level checks.
Is Queens Park good for property investment?
Queens Park has 28.7% renters, a $682 weekly rent and an 8.3% vacancy rate. Development activity reached 49 applications in 12 months, while growth is forecast at 2.5% annually and driven by overseas migration. Compare expected yield with strata, maintenance, tax and finance costs before buying.
How is Queens Park's population changing?
Growth is forecast at 2.5% annually and overseas migration is the primary driver. Across the wider area, population change runs at 38.2% over 10 years. Queens Park's gentrification stage is Active with a score of 44, while the young resident share has increased by 1.7 points.
What languages are spoken in Queens Park?
The overseas-born share is 31.9%. Recorded language counts include Mandarin at 23, Greek at 19, French at 18, Italian at 17 and Portuguese at 13. These counts are small relative to the suburb's 3,143 residents, so households needing language services should check nearby providers directly.
What development is happening in Queens Park?
Queens Park recorded 49 development applications in 12 months across 0.84 sq km. Recent examples include dwelling alterations, additions and demolition, indicating renovation activity as well as property turnover. Buyers should check council approvals, construction impacts and strata records before comparing a property with nearby Waverley listings.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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