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Castle Hill suburb profile

Castle Hill is a vibrant suburb located in the Hills District of Sydney, approximately 30km northwest of the CBD. Known for its family-friendly atmosphere, Castle Hill offers a mix of suburban tranquility and urban convenience. The suburb features a variety of amenities, including the expansive Castle Towers shopping centre, numerous parks, and quality schools. With its well-connected public transport options, including the Sydney Metro Northwest, residents enjoy easy access to the city and surrounding areas. Castle Hill's blend of modern living, community spirit, and green spaces makes it a desirable location for families and professionals alike.

Castle Hill property market performance

Current median dwelling price$1,675,500Past 3 months

Property growth+3.0%Past 12 months

Castle Hill's property market has shown positive growth over the past 12 months, with house values increasing by 4.2% and unit values rising by 1.8%. The median house price has reached approximately $2.42 million, while the median unit price stands at $932,000, indicating sustained demand in the area.

Sales activity has been robust, with 113 houses and 26 units sold over the last 12 months. However, properties are taking longer to sell, with houses spending a median of 57 days on the market and units taking 79 days, suggesting a more cautious buyer approach, particularly in the unit sector.

The rental market in Castle Hill has experienced moderate growth, with house rents increasing by 4.7% and unit rents by 6.4% over the past year. The average rent for houses is $890, while units average $750, reflecting a healthy rental demand in the suburb.

HousesUnits
Median price
Past 3 months
$2.42M$932K
Change in value
Past 12 months
4.2%1.8%
Sold
Past 3 months
11326
Median days on market
Past 12 months
5779
Average rent
Past 12 months
$890$750
Change in rent
Past 12 months
4.7%6.4%

5 year median price trend for houses and units

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Castle Hill demographics

Castle Hill, located in the Hills District of Sydney, is a thriving suburb known for its family-friendly environment and excellent amenities. With a population of 40,874, it offers a suburban lifestyle with a touch of urban convenience. The median age of 42 suggests a mature community, often comprising established families and professionals who appreciate the suburb's balance of tranquility and accessibility to Sydney's bustling city life.

The suburb is predominantly composed of couple families with children, making up 55.8% of the population, which highlights its appeal to families seeking a supportive community with quality schools and recreational facilities. Additionally, 32.6% of households are couple families without children, indicating a significant number of residents who enjoy the spacious living and peaceful surroundings that Castle Hill provides.

Property ownership in Castle Hill is strong, with 36.8% of homes owned outright and 39.2% owned with a mortgage. This reflects a stable housing market and a community invested in long-term residency. The rental market, comprising 24.1% of properties, offers options for those seeking flexibility, including young professionals and families transitioning into homeownership. With its blend of community spirit, excellent infrastructure, and proximity to Sydney, Castle Hill remains a sought-after suburb for those looking to enjoy a balanced lifestyle.

Castle Hill infrastructure, key developments and investment opportunities

Castle Hill is undergoing significant development that is likely to boost its property market appeal. The $900 million expansion of Castle Towers Shopping Centre, set to make it the largest in NSW, will enhance retail and entertainment options. The recently completed Sydney Metro Northwest line has greatly improved public transport connectivity, with Castle Hill Station providing direct access to Chatswood and the CBD.

Several new residential developments are also underway, including apartment complexes near the town center, catering to growing housing demand. The suburb continues to be known for its excellent schools and family-friendly amenities. Ongoing infrastructure upgrades, including road improvements and new community facilities, are further enhancing livability. These developments collectively position Castle Hill as an increasingly desirable and well-connected suburb in Sydney's northwest.

Castle Hill rental market trends

The rental market in Castle Hill has experienced moderate growth, with house rents increasing by 4.7% over the past year to $890 per week, while unit rents have risen by 6.4% to $750 per week. This steady growth reflects the suburb's appeal, supported by its family-friendly environment and well-developed amenities, making it an attractive option for both renters and investors.

Suburbs near Castle Hill

Some popular suburbs near Castle Hill include:

How does Castle Hill compare to nearby suburbs?

  • Median house prices: Castle Hill’s median house price is 29.0% higher than Baulkham Hills’s.
  • Median unit prices: Castle Hill’s median unit price is 18.0% higher than Baulkham Hills’s.
  • House price growth: Over the past 12 months, house prices in Castle Hill have grown 2.3% higher than in Baulkham Hills.
  • Unit price growth: Over the past 12 months, unit prices in Castle Hill have grown 6.0% higher than in NORWEST.
  • Selling speed for houses: Properties in Castle Hill are selling 6.6% faster than in Glenhaven.
  • Selling speed for units: Properties in Castle Hill are selling 7.1% faster than in NORWEST.
  • Investment considerations: In Castle Hill, the rental yield for house is 1.9% higher than the Sydney average, while the rental yield for units is 0.7% higher.
  • House price growth: Over the past 12 months, house prices in Castle Hill have grown 26.6% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Castle Hill have grown 5.8% higher than the average rate of growth for units across Sydney.

Common questions about Castle Hill

  • Is Castle Hill a nice place to live?

    Castle Hill is a delightful suburb that offers a harmonious blend of suburban charm and modern convenience, making it a wonderful place to live. Nestled in the Hills District, it is renowned for its welcoming atmosphere and strong community spirit, which is particularly appealing to families. The suburb is dotted with lush parks and green spaces, providing ample opportunities for outdoor activities and relaxation. Its vibrant community is complemented by a variety of amenities, including the expansive Castle Towers shopping centre, which caters to all your retail and entertainment needs.

    Families will find Castle Hill particularly attractive due to its excellent schools and safe, friendly environment. The suburb's well-connected public transport options, including the Sydney Metro Northwest, ensure easy access to the city and surrounding areas, making it convenient for professionals commuting to the CBD. While Castle Hill offers a peaceful suburban lifestyle, it doesn't compromise on the conveniences of urban living, with a range of cafes, restaurants, and recreational facilities available.

    However, living in Castle Hill does come with some trade-offs. The ongoing development and expansion projects, while enhancing the suburb's appeal, may lead to increased traffic and congestion in certain areas. Additionally, the demand for housing in this desirable suburb can result in higher property prices, which might be a consideration for those looking to buy. Despite these factors, Castle Hill remains a highly sought-after suburb, offering a balanced lifestyle with its combination of community spirit, excellent infrastructure, and proximity to Sydney's bustling city life.

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  • Is it expensive to live in Castle Hill?

    Living in Castle Hill can be quite pricey, especially when compared to other areas in New South Wales. The median house price in Castle Hill is currently $2,485,000, which is significantly higher than many other suburbs. For those considering renting, the average rent for houses is $880 per week, while units average $730 per week. These figures indicate that housing, whether buying or renting, commands a substantial portion of income.

    When you look at the income side of things, the average household income in Castle Hill is $153,000 per year, or approximately $2,551 per week. This is relatively high compared to the average household income across New South Wales, which suggests that residents of Castle Hill generally have higher earnings. However, even with a higher income, the cost of housing in Castle Hill can still make it an expensive place to live, as a significant portion of income would be allocated towards housing costs.

    Overall, if you are thinking of living in Castle Hill, it's important to consider the high cost of housing. While the suburb offers a desirable lifestyle with its amenities and community feel, the financial commitment required is substantial, making it a more expensive option compared to many other areas in the state.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Castle Hill a good place to invest?

    Castle Hill is a promising suburb for investment, particularly for those interested in the housing market. Over the past 12 months, the median house value in Castle Hill has increased by 8.1%, indicating strong capital growth potential. This growth is a positive sign for investors looking for appreciation in property value over time. While the median unit value has remained stable, the rental market for units has seen a notable increase of 5.8%, suggesting a healthy demand for rental properties.

    The suburb's appeal is further enhanced by its family-friendly environment, excellent schools, and convenient access to shopping centers and public transport. These factors contribute to a steady demand for housing, making it an attractive option for both renters and buyers. The increase in house rents by 3.5% also points to a robust rental market, providing investors with the potential for reliable rental income.

    Overall, Castle Hill offers a balanced investment opportunity with strong growth in house values and a stable rental market for units. Its desirable location and community amenities make it a solid choice for investors seeking long-term capital appreciation and rental returns.

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Choose the right real estate agents in Castle Hill

Choosing the right real estate agent in Castle Hill can have a big impact on your sale. While there are 206 real estate agents working in the suburb, but just 5 of them were responsible for 23.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.9% to 2.75%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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