Cundumbul (postcode 2866) is a small, quiet locality in New South Wales within the Dubbo Regional local government area. It is home to about 44 residents, with an established family demographic and a median age of 38. Households earn a median income of $98K per year, with an average household size of 3 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, labourers, professionals. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Scottish.
The median house price in Cundumbul is $3.9 million, broadly unchanged over the past year. The current median weekly rent is $468. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $1,517.
Public transport access includes 2 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,970 incidents per 100,000 population.
From an investment perspective, Cundumbul shows a gross rental yield of approximately 0.6%, rated as low yield. Property prices are above the state median ($3.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 39.5x is considered stretched. House prices have moved +0.0% year-on-year.