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Picton suburb profile

Picton is a charming town located in the Macarthur Region of New South Wales, approximately 80km southwest of Sydney. Known for its historic architecture and picturesque landscapes, Picton offers a blend of rural tranquility and small-town charm. The town is surrounded by rolling hills and lush countryside, making it a popular destination for nature lovers and those seeking a peaceful lifestyle. Picton's community is vibrant, with local markets, cafes, and boutique shops adding to its appeal. Its proximity to Sydney and access to public transport make it a convenient yet serene place to live.

Picton property market performance

Current median dwelling price$923,000Past 3 months

Picton’s property market has demonstrated robust growth in the past 12 months, with house values increasing by 15.7%. The median house price currently stands at $1.6 million. Unit market activity remains sparse, with only one unit sold and no reported change in value, resulting in minimal market dynamics for units.

Sales activity in Picton has seen 23 houses sold over the last 12 months, with houses spending a median of 32 days on the market, indicating relatively quick sales. The unit market lacks comparable activity, with no significant sales data or days on market available.

Picton’s rental market has experienced notable growth, with house rents rising by 12.1% over the last year, reaching an average of $650. Conversely, the unit rental market has shown no change, maintaining an average rent of $390.

HousesUnits
Median price
Past 3 months
$1.37MN/A
Change in value
Past 12 months
19.7%N/A
Sold
Past 3 months
191
Median days on market
Past 12 months
32N/A
Average rent
Past 12 months
$660$400
Change in rent
Past 12 months
11.9%-5.9%

5 year median price trend for houses and units

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Picton demographics

Picton, nestled in the Macarthur Region of New South Wales, is a charming town that offers a blend of rural tranquility and suburban convenience. With a population of 5,282, Picton is known for its rich history, scenic landscapes, and a strong sense of community. The median age of 38 suggests a balanced mix of young families, professionals, and older residents who appreciate the town's peaceful environment and proximity to larger urban centers like Sydney.

The suburb's family-oriented nature is evident, with nearly half of the households being couple families with children, making up 48.8% of the community. This is complemented by 36.7% of couple families without children, indicating a diverse family structure. One-parent families account for 13.4%, while other family types are relatively rare at 1.1%. This demographic composition highlights Picton's appeal to families seeking a supportive and nurturing environment.

In terms of housing, Picton offers a stable property market with a significant portion of homes owned outright (32.1%) or with a mortgage (48.4%). This reflects a community with a strong sense of ownership and investment in their homes. The rental market is smaller, with 19.5% of properties being rented, appealing to those who prefer flexibility or are new to the area. With a median total household income of $2,181 per week, Picton provides a comfortable lifestyle for its residents, balancing affordability with quality living.

Suburbs near Picton

Some popular suburbs near Picton include:

  • Razorback: Known for its scenic views and rural lifestyle, Razorback is located directly north of Picton.
  • Thirlmere: Famous for its railway heritage and annual steam festival, Thirlmere is situated to the southwest of Picton.
  • Tahmoor: Offering a blend of residential and commercial areas with a growing community, Tahmoor lies to the south of Picton.
  • Lakesland: Known for its tranquil environment and rural charm, Lakesland is located to the west of Picton.
  • Douglas Park: Featuring picturesque landscapes and a close-knit community, Douglas Park is situated to the northeast of Picton.

How does Picton compare to nearby suburbs?

  • Median house prices: Picton’s median house price is 27.8% higher than Thirlmere’s.
  • House price growth: Over the past 12 months, house prices in Picton have grown 8.9% higher than in Thirlmere.
  • Selling speed for houses: Properties in Picton are selling 46.7% faster than in Razorback.

Choose the right real estate agents in Picton

Currently, there are 46 real estate agents working in Picton—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 46 agents sold 46.6% of all properties in Picton over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Picton typically charge a commission of 2% to 3%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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