Located in New South Wales within the Port Macquarie-Hastings local government area, Bobs Creek is a quiet locality (postcode 2439). It is home to about 119 residents, with a mature demographic and a median age of 46. Households earn a median income of $80K per year, with an average household size of 2.9 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, clerical & administrative, machinery operators & drivers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Aboriginal Australian.
Bobs Creek has a median house price of $565,000, holding roughly steady year-on-year. The current median weekly rent is $690. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,733.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 6.4% (high yield). Property prices sit below the state median ($565K/$1.5M), which can point to relative value. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +0.0% 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.