Question 1

Is Gables a nice place to live?

Accepted Answer

Gables is a recently developed residential pocket in north-west Sydney near Riverstone and Schofields. The neighbourhood is made up of contemporary detached homes and townhouses on planned streets with small parks and playgrounds woven through. The community of 3,339 has a median age of 32 and a typical household income of $3,219 a week, and families dominate the profile. Most homes are owner-occupied (80.6%), so the area tends to attract young families and people seeking more space than inner suburbs offer.

Day-to-day life looks to nearby established shops, schools and community services, and local buses link to Rouse Hill Station on the Sydney Metro North West line. Recent additions include the Central Playing Fields sports precinct with synthetic hockey pitches, multipurpose fields, courts, a skate park, a fenced dog park and a lakeside foreshore precinct with boardwalks and multiple playgrounds. Blacktown Hospital and Norwest Private Hospital serve the area by car. Whether Gables suits you depends on whether a modern, family-orientated suburban setting matches what you want.

Question 2

Is it expensive to live in Gables?

Accepted Answer

Buying a house in Gables at the median price of $1,400,000 works out to about 8.4 times a typical local household's annual income as recorded at the last Census, placing buying well above local incomes. Renting a house at about $850 a week would take roughly 26.4% of that typical household's weekly income at the last Census, a moderate share. On these figures, renting looks more manageable than buying, though whether that feels expensive depends on your own 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 Gables a good place to invest?

Accepted Answer

On the house side in Gables, median values rose 6.8% over the past 12 months while median house rents increased 6.2% over the same period.

That means house owners saw both capital growth and higher rental income this year, with values marginally outpacing rents. Whether that balance suits you depends on your objectives 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	$1.40M	N/A
Change in value Past 12 months	6.8%	N/A
Sold Past 3 months	36	N/A
Median days on market Past 12 months	73	N/A
Average rent Past 12 months	$850	N/A
Change in rent Past 12 months	6.3%	N/A

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