Delegate is a sparsely populated locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2633). It is home to about 295 residents, with an older-leaning population and a median age of 53. Households earn a median income of $41K per year, with an average household size of 2.1 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, machinery operators & drivers. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are Australian, English, Irish.
The median house price in Delegate is $353,000, having surged by 101.4% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $859.
Delegate is served by 1 school, including 1 primary. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 16 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.2% (low yield). Property prices sit below the state median ($353K/$1.5M), which can point to relative value. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +101.4% year-on-year.