Located in New South Wales within the Hawkesbury local government area, Central Macdonald is a sparsely populated locality (postcode 2775). The area has roughly 49 residents and a mature demographic, with a median age of 51. Households earn a median income of $94K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 professionals, technicians & trades, labourers. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are Australian, English, German.
Median house prices in Central Macdonald stand at $405,000, having declined steeply by 11% over the last twelve months. The current median weekly rent is $435. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $2,400.
Central Macdonald is served by 1 school, including 1 primary. The average ICSEA score is 1020, which is around the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Hawkesbury LGA is below average at 2,682 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 5.6%, which reads as high yield. Property prices sit below the state median ($405K/$1.5M), which can point to relative value. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -11.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.