Located in New South Wales within the Clarence Valley local government area, Alumy Creek is a small, quiet locality (postcode 2460). The area has roughly 86 residents and a settled mid-life population, with a median age of 41. Households earn a median income of $67K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward construction and public admin & safety. The top ancestries reported are Australian, English, Scottish.
Alumy Creek has a median house price of $679,000, which has risen steeply by 67.7% year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,907.
The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.8% (moderate yield). Property prices sit below the state median ($679K/$1.5M), which can point to relative value. The price-to-income ratio of 10.2x is considered stretched. House prices have moved +67.7% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.