Located in New South Wales within the Wagga Wagga local government area, Cartwrights Hill is a small, quiet locality (postcode 2650). It is home to about 169 residents, with a settled, mature resident base and a median age of 47. Households earn a median income of $95K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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 technicians & trades, professionals, managers. Employment in the area leans toward construction and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Cartwrights Hill stand at $668,000, having climbed sharply by 37.7% over the last twelve months. The current median weekly rent is $540. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,517.
Public transport access includes 8 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,374 incidents per 100,000 population.
On the investment side, Cartwrights Hill shows a gross rental yield of approximately 4.2%, rated as moderate yield. Property prices sit below the state median ($668K/$1.5M), which can point to relative value. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +37.7% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.