Gables at a glance
Median house
$1,320,000
-1.9% over 12 months
Median unit
$446,400
Weekly rent
$850
Houses · units $560
Gross yield
3.3%
Houses, on the median
Population
3,339
Median age 32
Walk score
0
Very car dependent
Prices: Median of 299 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2765), June 2026 · Population: 2021 Census
Houses change hands at $1,320,000 on a typical sale, above the NSW median (299 house sales, NSW Valuer General, calendar 2025). Units come in around $446,400, roughly 66% below the house median. The 12-month picture shows a softening market (-1.9%), giving buyers more room to negotiate.
For buyers
A 20% deposit on the median house works out to roughly $264,000. Prices sit above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
For sellers
With 12-month growth at -1.9%, pricing should anchor to the most recent six months of comparables, not last year's peak.
Market
House prices in Gables.
Median house price
$1,320,000
-1.9% over the past year. Median unit price $446,400.
Median of 299 house sales · NSW Valuer General · calendar 2025
Rental and ownership
Weekly rent (house)
$850/wk
Weekly rent (unit)
$560/wk
Owner occupied
80%
Renter occupied
19%
At a deeper level
$1,320,000
-1.9% annual growth
$446,400
3,339
Median age: 32
Rental data as of June 2026· rental-nsw
5-year trajectory
at -1.9%/yr
2021
$1.5M
5-year change
-9%
2026
$1.3M
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
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The brief
What to know about Gables.
Gables's median house price is $1,320,000 (median of 299 house sales recorded by the NSW Valuer General in calendar 2025).
Postcode 2765 (NSW), Penrith City Council, part of Greater Sydney.
Gables (2765) sits in the Penrith region of NSW. The median house here is $1,320,000, above the NSW median of around $1.10M. Prices have moved -1.9% over the past year, well behind the NSW average (3%).
Gables has roughly 3,339 residents, with a young-family demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Day to day
What it’s like to live here.
Gables scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 8°C (mild). Annual rainfall lands at about 1302mm. Data comes from the Bureau of Meteorology's Sydney (Observatory Hill) station, 32.5km away.
Schooling within or near the suburb covers 11 government primary, 2 government secondary, 4 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Gables's population at 3,339, with a median age of 32. That sits as a young-family demographic. Households are predominantly owner-occupied (80% own, 19% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (93% family households, 7% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
3,339
Median age
32
Family households
93%
Lone person
7%
Demographics data as of May 2026· ABS 2021 Census
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For investors
Investment overview.
Gross rental yield on houses sits at 3.35% (median rent $850/wk against a $1,320,000 price tag). Units yield 6.52% gross, often the better cash-flow play for first-time investors. Renter share is modest (19%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: NSW Valuer General (PSI) · Sept 20263.35%
Based on $1,320,000 median
Gross Yield (Unit)
Source: NSW Valuer General (PSI) · Sept 20266.52%
Based on $446,400 median
Annual Growth (House)
Source: NSW Valuer General (PSI) · Sept 2026-1.9%
Year-on-year capital growth
Annual Growth (Unit)
Source: NSW Valuer General (PSI) · Sept 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202680%
Higher = more owner-occupier demand
Days on Market
Source: NSW Valuer General (PSI) · Sept 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
61
total offences in 2026
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of January 2026· State Police Open Data
Getting around
Walkability.
0
0
25
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Gables.
Local schools for Gables
View the catchment for each school to find out more.
Government School Catchment
Melonba High School
Melonba Public School
Northbourne Public School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
1302 mm
Hottest Month (avg max)
26.2°C
Coldest Month (avg min)
8.4°C
Monthly Rainfall (mm)
Weather data from BOM station Sydney (Observatory Hill) (33 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Gables.
- What is the median house price in Gables?
- The median house price in Gables, NSW 2765 is $1,320,000 (median of 299 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $446,400. Annual growth is -1.9%.
- How much is my house worth in Gables?
- A useful starting point is the Gables median house price of $1,320,000 (units $446,400). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Gables a good investment?
- On the published figures, the gross rental yield on houses in Gables is 3.3%: the median weekly house rent is $850 (NSW rental bond data (postcode 2765), June 2026) against the median house price of $1,320,000 (NSW Valuer General, calendar 2025). The median house price fell 1.9% over 12 months on the same NSW Valuer General figures. Whether Gables is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Gables postcode?
- Gables is in the 2765 postcode, in NSW, in the Penrith City Council region.
- Where is Gables?
- Gables is a suburb of Sydney, in NSW 2765. It is part of the Greater Sydney area, in the Penrith City Council region.
- What is the average rent in Gables?
- The median weekly rent for houses is $850, for units it's $560.
- What schools are in Gables?
- There are 20 schools serving Gables on this page, including Melonba High School, Melonba Public School, Northbourne Public School.
- How walkable is Gables?
- Gables has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 25.
- What suburbs are near Gables?
- Gables is close to Grantham Farm, Melonba, Angus, Berkshire Park, Richards.
- What is the population of Gables?
- The population of Gables is approximately 3,339 (2021 Census). The median age is 32.
Gables
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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