Coaldale is a sparsely populated locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 73, the suburb has a mature demographic with a median age of 47. Households earn a median income of $110K per year, with an average household size of 3.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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, clerical & administrative, labourers. Employment in the area leans toward education and manufacturing. The top ancestries reported are Australian, English, Aboriginal Australian.
Coaldale has a median house price of $345,000, holding roughly steady year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 7.5%. The median monthly mortgage repayment is $1,289.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 7.5% (high yield). Property prices sit below the state median ($345K/$1.5M), which can point to relative value. The price-to-income ratio of 3.1x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.