Located in New South Wales within the Upper Hunter Shire local government area, Blandford is a quiet locality (postcode 2338). With a population of 205, the suburb has an older-leaning population with a median age of 51. Households earn a median income of $75K per year, with an average household size of 2 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 labourers, managers, professionals. Employment in the area leans toward agriculture and mining. The top ancestries reported are Australian, English, Irish.
Median house prices in Blandford stand at $545,000, having climbed sharply by 15.2% over the last twelve months. The current median weekly rent is $425. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,300.
Blandford is served by 1 school, including 1 primary. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,369 incidents per 100,000 population.
Looking at the investment signals, Blandford shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices sit below the state median ($545K/$1.5M), which can point to relative value. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +15.2% year-on-year.