Located in New South Wales within the Clarence Valley local government area, Diggers Camp is a quiet locality (postcode 2462). It is home to about 13 residents, with an older demographic and a median age of 67. Households earn a median income of $30K per year, with an average household size of 1.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 top ancestries reported are English, Irish, Australian.
The median house price in Diggers Camp is $1.8 million, broadly unchanged over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 0.9%.
The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 0.9%, which reads as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 59.4x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.