Get a property report and suburb profile for any property in Harrington Park

Harrington Park is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the Macarthur region, this charming suburb is known for its spacious homes and beautifully landscaped parks, providing a perfect backdrop for families to thrive. The community here is vibrant and welcoming, with a strong emphasis on family values and a supportive atmosphere that makes it easy to settle in and feel at home.

Residents of Harrington Park enjoy the convenience of modern amenities, with quality schools, shopping centers, and recreational facilities all within easy reach. The suburb's proximity to the expanding Narellan Town Centre means that shopping and entertainment options are plentiful, while the nearby Harrington Grove Country Club offers exclusive leisure facilities for those seeking a touch of luxury. Safety is generally not a concern, and the suburb's peaceful streets and well-maintained public spaces contribute to a sense of security and well-being.

For families, Harrington Park is particularly appealing due to its excellent schools and abundance of green spaces, which provide ample opportunities for outdoor activities and community events. However, living in this picturesque suburb does come with some trade-offs. The distance from Sydney's CBD means that commuting can be time-consuming, and the ongoing residential development may lead to increased traffic and congestion in the future. Despite these considerations, Harrington Park remains an attractive choice for those seeking a balanced lifestyle with a strong sense of community and access to modern conveniences.

Harrington Park is known for its upscale living and this is reflected in the cost of residing there. The median house price is currently at $1,340,000, which is quite high compared to many other areas. Renting is also on the pricier side, with the average rent for houses being $790 per week. Although there are no units available, the average rent for units in the surrounding areas is around $350 per week.

Despite these high property costs, the average wage in Harrington Park is approximately $157,000 per year, which is significantly higher than both the state and national averages. This higher income level suggests that residents of Harrington Park are generally well-positioned to afford the cost of living in this suburb. However, for those earning closer to the average state wage, the suburb might be considered expensive.

Overall, if you are thinking of living in Harrington Park, it's important to consider the financial commitment required, as the cost of housing is substantial. The suburb offers a luxurious lifestyle, but it comes with a price tag that reflects its affluent status.

Harrington Park presents a unique investment opportunity, especially for those interested in rental income. While the median house and unit values have remained stable over the past year, the rental market tells a different story. House rents have surged by 9.7%, indicating strong demand from tenants. This suggests that investors could benefit from a steady rental income stream, making it an attractive option for those looking for consistent cash flow.

The suburb's appeal lies in its family-friendly environment, with spacious homes and a community-oriented atmosphere. This makes it particularly attractive to families seeking long-term rental options, which can contribute to sustained demand in the rental market. Although the property values have not seen significant growth recently, the stability in prices combined with the rising rental yields offers a balanced investment profile.

Overall, Harrington Park may not be the hotspot for rapid capital growth at the moment, but its strong rental performance and community appeal make it a worthwhile consideration for investors prioritizing rental returns. The suburb's consistent demand for family homes ensures a reliable investment landscape, especially for those focused on long-term rental income.