Razorback
A $2,260,000 median house price in a suburb of 1,174 people tells you most of what you need to know about Razorback. Spread across 45.98 km2 with a density of just 25.5 residents per km2, this rural-fringe locality south-west of Sydney operates at a scale where 78% of dwellings have four or more bedrooms and 100% are separate houses. Household income sits at the 94.9th percentile nationally, yet only 8.5% of residents rent, far below average, because ownership is the dominant tenure at a combined 91.5%. The median age of 43 is 3 years above the national figure, and an 87.7% stay rate over five years signals a community that has largely stopped moving.
Population
1,174
Median Age
43.0
Household IncomeiMedian weekly household income (ABS Census)
$2,730/wk
DAs (12 months)iDevelopment Applications lodged in the past year
20
Median House
$2.3M
2024-2025 (PSI derived)
The median house price of $2,260,000 places Razorback well above typical NSW regional values, reflecting the premium for large-lot rural residential land within commuting distance of Sydney. Price history shows a correction: the median was $2,305,000 in 2024 and fell to $2,000,000 in 2025, a 13.2% decline from peak. Every dwelling in the suburb is a separate house, with 78% carrying four or more bedrooms, so buyers are choosing between large rural properties rather than a mixed stock. Monthly mortgage repayments average $3,000 against a weekly household income of $2,730, producing a mortgage-to-income ratio of 25.4%, below the 30% stress threshold despite the high price. At 89.4% car dependence and 1.4% public transport use, buyers should factor in driving costs as a structural ongoing expense.
For Buyers
The median house price of $2,260,000 places Razorback well above typical NSW regional values, reflecting the premium for large-lot rural residential land within commuting distance of Sydney. Price history shows a correction: the median was $2,305,000 in 2024 and fell to $2,000,000 in 2025, a 13.2% decline from peak. Every dwelling in the suburb is a separate house, with 78% carrying four or more bedrooms, so buyers are choosing between large rural properties rather than a mixed stock. Monthly mortgage repayments average $3,000 against a weekly household income of $2,730, producing a mortgage-to-income ratio of 25.4%, below the 30% stress threshold despite the high price. At 89.4% car dependence and 1.4% public transport use, buyers should factor in driving costs as a structural ongoing expense.
For Investors
The investment case is thin at current prices. Weekly rent of $445 against a $2,260,000 median implies a gross yield around 1.0%, which is lower than most savings accounts. Only 8.5% of residents rent, meaning the tenant pool is narrow and demand for rental stock is structurally low in this owner-dominated market. Vacancy sits at 5.5%, elevated for a suburb this small, suggesting available rentals already exceed local demand. Twenty development applications were lodged in the past 12 months, including industrial and truck depot uses, indicating the area is diversifying beyond pure residential. Without SEIFA data or population forecasts in this brief, investors should treat the 13.2% price fall from 2024 to 2025 as a caution signal rather than a buying opportunity.
Development Activity
Total DAs
146
Last 12 Months
20
YoY ChangeiYear-over-year change in DA lodgements
-13.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
Razorback's population of 1,174 skews older and more Anglo than the national profile. The median age of 43 sits 3 years above the national median, and ancestry is led by English (453 residents), Irish (109) and Scottish (100), with Italian (89) the main non-British heritage group. Overseas-born residents account for 14.9%, which is 6.7 percentage points below the national figure, reflecting the suburb's rural and historically settled character. University qualifications reach 27.1%, about 3 percentage points below national, while average household size of 3.3 persons is 0.8 above the national average, consistent with the large-home, families-with-children profile where 454 of 1,002 families are couples with dependent children. The 87.7% five-year stay rate is high, pointing to a stable and established residential base.
Age Distribution
Bedrooms
Dwelling Structure
100.0%
Houses
N/A
Townhouse
N/A
Apartment
Tenure
All 100% of Razorback's dwellings are separate houses, with no apartments or semi-detached stock recorded. The bedroom mix confirms the large-property character: 78% of homes have four or more bedrooms and 15.5% have three, leaving under 7% in smaller configurations. Tenure is heavily owner-dominated: 43.7% own outright and 47.8% carry a mortgage, with only 8.5% renting. Outright ownership at 43.7% is high for a suburb where many households still hold mortgages, suggesting a mix of long-established farming families and more recent buyers on larger loans. Prices fell 13.2% from $2,305,000 in 2024 to $2,000,000 in 2025, reversing the peak. Monthly mortgage costs average $3,000 and rent-to-income sits at 16.3%, well below the stress threshold, though the absolute rent of $445 per week is modest compared to house values.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$3,000
Rent / wk
$445
HH Size
3.3
Personal Income / wk
$891
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
5.5%
Unoccupied
19
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
16.3%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.4%
Community Profile
Ancestry
Household Composition
24.1%
Couples, no children
1,002
Total families
Economy & Employment
Construction dominates local employment at 20.3% of workers (72 people), a higher concentration than typical suburban areas, followed by Education at 15.5% (55), Healthcare at 10.1% (36), Professional and Technical services at 6.8% (24) and Transport at 6.5% (23). The occupational breakdown places Managers first at 120 workers, then Clerical and Administrative at 99 and Professionals at 90, with Labourers at 54 reflecting the rural and trade character of the area. Unemployment is 2.7%, well below the national average, and the full-time employment rate of 60.8% is solid. Household income at the 94.9th percentile nationally implies that high-earning professionals and business owners are well represented despite the relatively modest university qualification rate of 27.1%. The mortgage-to-income ratio of 25.4% confirms that incomes are broadly adequate for debt servicing at current price levels.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
60.8%
Part-time
36.5%
Participation
55.6%
Employed
510
Occupations
Top Industries
University
27.1%
Postgraduate
6.0%
Born Overseas
14.9%
Dwellings
329
Transport to Work
Razorback is a car-dependent rural suburb where 89.4% of residents drive to work and only 1.4% use public transport, the same 1.4% who walk or cycle. This is structurally lower public transport use than state and national averages, reflecting the 45.98 km2 spread and the absence of rail or bus corridors. No schools are recorded inside the suburb boundary in this dataset, so families rely on facilities in neighbouring towns, a practical consideration given the large share of couples with children (454 of 1,002 families). Crime statistics are not available for Razorback in this dataset. The volunteering rate of 16.9% is notable for a small community, and only 3.7% of residents (41 people) need daily assistance, consistent with a relatively young active workforce. Rent-to-income of 16.3% keeps housing costs manageable for the small renter cohort.
Drive
89.4%
Public Transport
1.4%
Walk / Cycle
1.4%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Razorback compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Razorback a good suburb to live in?
Razorback suits buyers seeking large rural residential properties within reach of Sydney. Household income sits at the 94.9th percentile nationally, unemployment is low at 2.7%, and 91.5% of residents own their home. The trade-offs are high car dependence at 89.4%, no recorded schools inside the boundary, and a median house price of $2,260,000.
What is the median house price in Razorback?
The median house price is $2,260,000. Prices peaked at $2,305,000 in 2024 before falling 13.2% to $2,000,000 in 2025. Monthly mortgage repayments average $3,000, and the mortgage-to-income ratio is 25.4%, below the 30% stress threshold.
What schools are in Razorback?
No schools are recorded inside the Razorback boundary in this dataset. Families rely on schools in neighbouring towns. Despite this, the suburb has an average household size of 3.3 persons and 454 of 1,002 families are couples with dependent children, so nearby schooling options are widely used.
Is Razorback safe?
Detailed crime statistics are not available for Razorback in this dataset. As indirect indicators: unemployment is low at 2.7%, only 3.7% of residents (41 people) need daily assistance, and the five-year stay rate of 87.7% is high, all consistent with a stable, low-stress community. SEIFA disadvantage scores are not available in this brief.
Is Razorback good for property investment?
The fundamentals are challenging for investors. Weekly rent of $445 against a $2,260,000 median implies a gross yield around 1.0%, below most alternatives. Only 8.5% of residents rent, vacancy is 5.5%, and the median price fell 13.2% from the 2024 peak. The narrow renter pool and low yield make Razorback better suited to owner-occupiers than investors.
How is Razorback's population changing?
Razorback has a population of 1,174 spread across 45.98 km2, giving a low density of 25.5 residents per km2. The five-year stay rate of 87.7% is high, meaning turnover is low and population movement is limited. Population forecast data is not available in this brief, but the stable tenure profile and rural zoning suggest slow, if any, growth.
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 Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), 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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