Located in New South Wales within the Byron local government area, Brunswick Heads is a small community (postcode 2483). It is home to about 1,905 residents, with a mature demographic and a median age of 47. Households earn a median income of $67K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% 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 professionals, technicians & trades, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Irish.
Median house prices in Brunswick Heads stand at $2.0 million, having posted strong gains by 5.1% over the last twelve months. Units have a median price of $1.3 million (+20.4% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,001.
Brunswick Heads is served by 1 school, including 1 primary. The average ICSEA score is 1025, which is around the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Byron LGA is moderate at 4,232 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 1.9%, which reads as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.2x is considered stretched. House prices have moved +5.1% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.