Denman is a small community in New South Wales within the Muswellbrook local government area (postcode 2328). With a population of 1,821, the suburb has an established demographic with a median age of 43. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Denman is $535,000, having declined 4.5% over the past year. Units have a median price of $525,000 (+60.6% YoY). The current median weekly rent is $572. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,650.
Denman is served by 2 schools, including 2 primary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Denman offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($535K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved -4.5% year-on-year.
Denman is a small community in New South Wales within the Muswellbrook local government area (postcode 2328). With a population of 1,821, the suburb has an established demographic with a median age of 43. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Denman is $535,000, having declined 4.5% over the past year. Units have a median price of $525,000 (+60.6% YoY). The current median weekly rent is $572. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,650.
Denman is served by 2 schools, including 2 primary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Denman offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($535K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved -4.5% year-on-year.