Comboyne is a sparsely populated locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2429). It is home to about 416 residents, with an older demographic and a median age of 55. Households earn a median income of $62K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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, labourers, community & personal service. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Comboyne is $715,000, having fallen sharply by 8.3% over the past year. The current median weekly rent is $435. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,315.
Comboyne is served by 1 school, including 1 primary. The average ICSEA score is 926, which is below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.2% (moderate yield). Property prices sit below the state median ($715K/$1.5M), which can point to relative value. The price-to-income ratio of 11.5x is considered stretched. House prices have moved -8.3% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.