Burrapine is a small, quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 58, the suburb has a mature demographic with a median age of 52. Households earn a median income of $30K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, community & personal service. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Burrapine sit at $850,000, little changed on a year ago. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,238.
Public transport access includes 4 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
On the investment side, Burrapine shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices sit below the state median ($850K/$1.5M), which can point to relative value. The price-to-income ratio of 28.4x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.