Apple Tree Flat (postcode 2850) is a sparsely populated locality in New South Wales within the Mid-Western Regional local government area. It is home to about 46 residents, with a settled, mature resident base and a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.4 people. 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, technicians & trades. Employment in the area leans toward accommodation & food and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Apple Tree Flat is $1.2 million, broadly unchanged over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,791.
Public transport access includes 7 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.5% (low yield). Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 17.1x is considered stretched. House prices have moved +0.0% year-on-year.