Armatree (postcode 2828) is a sparsely populated locality in New South Wales within the Gilgandra local government area. The area has roughly 164 residents and an established family demographic, with a median age of 43. Households earn a median income of $69K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Scottish.
Armatree has a median house price of $1.0 million, holding roughly steady year-on-year. The median weekly rent is $100 (Census 2021). This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $221.
Public transport access includes 7 bus stops. The crime rate in the Gilgandra LGA is moderate at 5,877 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 0.5%, which reads as low yield. Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.