Argents Hill (postcode 2449) is a sparsely populated locality in New South Wales within the Nambucca Valley local government area. The area has roughly 207 residents and an older-leaning population, with a median age of 52. Households earn a median income of $54K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, community & personal service, sales. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Argents Hill stand at $300,000, having dropped significantly by 34.8% over the last twelve months. The current median weekly rent is $485. This gives a gross rental yield of approximately 8.4%. The median monthly mortgage repayment is $1,376.
Public transport access includes 28 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 8.4%, which reads as high yield. Property prices sit below the state median ($300K/$1.5M), which can point to relative value. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -34.8% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.