Located in New South Wales within the Mid-Western Regional local government area, Buckaroo is a sparsely populated locality (postcode 2850). It is home to about 138 residents, with a mature demographic and a median age of 48. Households earn a median income of $142K per year, with an average household size of 2.8 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 technicians & trades, managers, professionals. Employment in the area leans toward mining and agriculture. The top ancestries reported are English, Australian, Scottish.
The median house price in Buckaroo is $1.2 million, having jumped by 103.4% over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,809.
Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.6% (low yield). Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 8.5x is considered moderate. House prices have moved +103.4% year-on-year.