Culcairn (postcode 2660) is a close-knit residential community in New South Wales within the Greater Hume Shire local government area. With a population of 1,483, the suburb has an established demographic with a median age of 44. Households earn a median income of $61K 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 managers, technicians & trades, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Culcairn stand at $375,000, having ticked up by 1.1% over the last twelve months. The current median weekly rent is $450. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,000.
Culcairn is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 2 rail stations, 51 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Greater Hume Shire LGA is below average at 2,298 incidents per 100,000 population.
From an investment perspective, Culcairn shows a gross rental yield of approximately 6.2%, rated as high yield. Property prices sit below the state median ($375K/$1.5M), which can point to relative value. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +1.1% year-on-year.