Clandulla (postcode 2848) is a quiet locality in New South Wales within the Mid-Western Regional local government area. With a population of 186, the suburb has a settled, mature resident base with a median age of 50. Households earn a median income of $47K per year, with an average household size of 2.4 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 education and accommodation & food. The top ancestries reported are Australian, English, Irish.
Median house prices in Clandulla stand at $420,000, having dropped significantly by 11.6% over the last twelve months. The current median weekly rent is $320. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,372.
Public transport access includes 13 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.0%, which reads as moderate yield. Property prices sit below the state median ($420K/$1.5M), which can point to relative value. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -11.6% year-on-year.