Collingwood is a sparsely populated locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 51, the suburb has an older-leaning population with a median age of 45. Households earn a median income of $111K per year, with an average household size of 2.5 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 professionals, managers, technicians & trades. Employment in the area leans toward public admin & safety and retail trade. The top ancestries reported are Australian, English, Irish.
The median house price in Collingwood is $490,000, broadly unchanged over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $2,708.
Public transport access includes 5 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 6.3% (high yield). Property prices sit below the state median ($490K/$1.5M), which can point to relative value. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +0.0% year-on-year.