Located in New South Wales within the Port Macquarie-Hastings local government area, Batar Creek is a small, quiet locality (postcode 2439). It is home to about 93 residents, with a mature demographic and a median age of 51. Households earn a median income of $108K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 agriculture and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Batar Creek is $1.6 million, having surged by 128.8% over the past year. The current median weekly rent is $690. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,253.
Public transport access includes 5 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.3%, which reads as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 14.4x is considered stretched. House prices have moved +128.8% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.