Centennial Park (NSW)

Centennial Park is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As of November 2025, the estimated population of Centennial Park NSW is around 2,319 people. This reflects an increase of 94 individuals since the 2021 Census, which reported a population of 2,225. The current population is inferred from AreaSearch's estimate of 2,321 residents following analysis of the latest ABS ERP data release (June 2024) and address validation since the Census date. This results in a density ratio of approximately 1,039 persons per square kilometer, comparable to averages observed across other areas assessed by AreaSearch. Centennial Park's growth rate since the census, at 4.2%, is within 1.3 percentage points of the SA3 area's growth rate of 5.5%. The primary driver of population growth was overseas migration, contributing around 81% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections released in 2022 with a base year of 2021 are utilized. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on aggregated SA2-level projections, the suburb is expected to increase by approximately 205 persons to reach a total population of around 2,524 by the year 2041, reflecting an increase of about 9.6% over the 17-year period.

The level of residential development activity in Centennial Park is very low in comparison to the average area assessed nationally by AreaSearch

AreaSearch analysis of ABS building approval numbers allocated from statistical area data shows Centennial Park has seen approximately one new home approved each year. Over the past five financial years, from FY-21 to FY-25, around five homes were approved, with no new approvals recorded so far in FY-26.

Despite population decline during this period, development activity has been adequate relative to population changes, which is positive for buyers. Commercial approvals totaling $32,000 have been registered in the current financial year, indicating the area's residential nature. Compared to Greater Sydney, Centennial Park shows significantly reduced construction levels, with 85.0% below the regional average per person.

This limited new supply generally supports stronger demand and values for established homes, although building activity has increased recently. However, this activity remains below national averages, reflecting the area's maturity and suggesting possible planning constraints. According to AreaSearch's latest quarterly estimate, Centennial Park is forecasted to gain 222 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and driving price growth.

Centennial Park has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly affect an area's performance. AreaSearch has identified 13 projects that may impact the area. Notable projects include Moore Park Precinct Village, Hakoah White City Redevelopment, Woollahra Station Completion and Rezoning, and Moore Park South Transformation. The following list details those most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Centennial Park demonstrate exceptional strength compared to most Australian markets

Centennial Park has a highly educated workforce with notable representation in the technology sector. Its unemployment rate was 2.8% as of June 2025, lower than Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 2.5%. Workforce participation in Centennial Park is higher at 72.3%, compared to Greater Sydney's 60.0%. Key industries for employment among residents are professional & technical (1.7 times the regional level), health care & social assistance, and finance & insurance. Manufacturing employs only 2.4% of local workers, below Greater Sydney's 5.7%.

The area shows limited local employment opportunities based on Census data. Over a 12-month period ending June 2025, employment increased by 2.5%, while the labour force grew by 2.6%, leading to a slight rise in unemployment rate (0.1 percentage points). In contrast, Greater Sydney saw employment grow by 2.6% and labour force by 2.9%, with unemployment rising by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia, published in Sep-22, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Centennial Park's employment mix suggests local employment should increase by 7.4% over five years and 14.7% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

Centennial Park had a median taxpayer income of $72,456 and an average income of $151,530 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This is notably higher than Greater Sydney's median income of $56,994 and average income of $80,856 during the same period. By September 2025, estimates suggest the median income will be approximately $81,593 and the average income will be around $170,638, based on a 12.61% growth in wages since financial year 2022. In the 2021 Census, individual earnings reached the 96th percentile nationally at $1,415 weekly in Centennial Park. The earnings profile showed that 34.5% of the community (800 individuals) earned between $1,500 and $2,999 weekly, similar to the metropolitan region where 30.9% fell within this range. A substantial proportion, 33.8%, earned above $3,000 weekly, indicating strong economic capacity in the area. High housing costs consumed 18.9% of income, but with strong earnings, disposable income was at the 71st percentile nationally. The SEIFA income ranking placed Centennial Park in the 10th decile.

Centennial Park features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Centennial Park's housing structure, as per the latest Census, consisted of 9.1% houses and 90.9% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metropolitan area had 18.3% houses and 81.8% other dwellings. Home ownership in Centennial Park was at 21.7%, with the rest being mortgaged (21.7%) or rented (56.6%). The median monthly mortgage repayment was $2,466, below Sydney metro's average of $3,600. Median weekly rent was $500, compared to Sydney metro's $670. Nationally, Centennial Park's mortgage repayments were higher at $1,863 and rents were substantially above the Australian average of $375.

Centennial Park features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 46.6% of all households, including 17.3% couples with children, 22.2% couples without children, and 6.3% single parent families. Non-family households constitute the remaining 53.4%, with lone person households at 46.6% and group households comprising 6.7%. The median household size is 1.9 people, which is smaller than the Greater Sydney average of 2.3.

Centennial Park demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

In Centennial Park, a significant proportion of residents aged 15 and above have university qualifications, with 57.7% surpassing national (30.4%) and NSW state (32.2%) averages. This educational advantage is driven by bachelor degrees (38.0%), postgraduate qualifications (16.2%), and graduate diplomas (3.5%). Vocational pathways account for 20.2%, including advanced diplomas (10.3%) and certificates (9.9%). Educational participation is high, with 26.0% of residents currently enrolled in formal education, comprising 8.6% in tertiary, 5.5% in primary, and 5.3% in secondary education.

Educational facilities appear to be located outside Centennial Park's immediate boundaries, requiring families to access schools in neighboring areas.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis shows 16 active transport stops within Centennial Park. These include lightrail and bus services, totaling 11 routes. Weekly passenger trips amount to 5,651.

Residential accessibility is excellent, with residents typically located 90 meters from the nearest stop. Daily service frequency averages 807 trips across all routes, equating to approximately 353 weekly trips per individual stop.

Centennial Park's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Centennial Park shows excellent health outcomes across all age groups, with very low prevalence of common health conditions. The rate of private health cover stands at approximately 86% (2,005 people), compared to Greater Sydney's 89.7%. Nationally, this figure is 55.3%.

Mental health issues and asthma are the most prevalent conditions, affecting 7.3% and 6.0% of residents respectively. A total of 77.6% report being completely clear of medical ailments, matching Greater Sydney's rate. Centennial Park has 12.6% (292 people) of residents aged 65 and over, lower than Greater Sydney's 16.4%. Senior health outcomes align with those of the general population.

Centennial Park was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Centennial Park, surveyed in June 2021, had a higher linguistic diversity than most local areas, with 19.4% of residents speaking a language other than English at home. Born overseas, 35.0% of Centennial Park's population was recorded in the same period. Christianity was the predominant religion, accounting for 43.4%.

Judaism, however, was less prevalent at 5.4%, compared to Greater Sydney's average of 16.0%. In terms of ancestry, English (24.7%), Australian (18.7%), and Other (12.5%) were the top groups. Some ethnicities showed notable differences: French (1.4% vs regional 1.5%), Polish (1.4% vs 1.9%), and Spanish (0.8% vs 1.0%).

Centennial Park's population is slightly younger than the national pattern

Centennial Park's median age is nearly 37 years, slightly below the Greater Sydney average of 38 and Australia's median age of 38. Compared to Greater Sydney, Centennial Park has a higher proportion of residents aged 25-34 (23.9%) but fewer residents aged 5-14 (6.8%). This concentration of 25-34 year-olds is notably higher than the national average of 14.5%. Between the 2021 Census and present, the proportion of residents aged 15 to 24 has increased from 10.6% to 12.6%, while the 45 to 54 age group has decreased from 14.2% to 12.6% and the 65 to 74 age group has dropped from 7.4% to 6.1%. By 2041, demographic modeling predicts significant changes in Centennial Park's age profile. The 15 to 24 age cohort is projected to grow by 21%, adding 61 residents to reach a total of 354. In contrast, both the 35 to 44 and 0 to 4 age groups are expected to decrease in number.