Question 1

Is Elderslie a nice place to live?

Accepted Answer

Elderslie has a semi-rural, village-like character on Sydney’s Macarthur fringe, with paddocks, parkland pockets and mature street trees. Housing is mainly low-rise single-family homes from the mid-20th century alongside some newer infill, so private yards and gardens are common. The suburb is weighted towards families — couple families are the large majority and the median age is 34 — and most homes are owner-occupied, which gives it an established, settled feel.

Everyday life is supported by local shops, sporting fields, reserves and creekside walking and cycle paths, with good road links to Camden town centre and wider Macarthur services. There are also several transport and open-space projects under way, including road and intersection upgrades, a raised crossing by Elderslie High School, a shared path at Bates Reserve and creekline and bridge works. Whether Elderslie suits you comes down to whether you’re looking for a quieter, yard-based suburb with nearby green spaces and easy access to local centres.

Question 2

Is it expensive to live in Elderslie?

Accepted Answer

On these figures, housing in Elderslie sits above what local households earned at the last Census. A median house price of $1,240,000 is about 11.1 times a typical local household's annual income at the last Census (weekly household income $2,150 × 52), which places buying well above local incomes. Renting looks less stretched: a house rent of $750 a week would take about 34.9% of a typical local household's weekly income at the last Census, a sizeable share, while a unit rent of $495 a week would take about 23% of that income, a moderate share. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Elderslie a good place to invest?

Accepted Answer

The most striking movement in Elderslie over the past 12 months is in unit rents, which jumped 31.0%, a large rise. House values climbed 13.9% over the year, a strong increase, while house rents rose 7.1%, a solid gain. For houses, capital growth was the larger movement this year, while unit rents produced the biggest single change in the numbers.

If your priority is rental income, the unit rent figure is the most relevant; if capital growth matters more, the house value figure is the one to note. Whether that makes Elderslie a suitable investment depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.24M	N/A
Change in value Past 12 months	13.9%	N/A
Sold Past 3 months	35	N/A
Median days on market Past 12 months	20	N/A
Average rent Past 12 months	$750	$495
Change in rent Past 12 months	7.1%	31.0%

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