Dilkoon is a small, quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). The area has roughly 40 residents and a mature demographic, with a median age of 53. Households earn a median income of $54K per year, with an average household size of 2.5 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 most common occupations are community & personal service, labourers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Dilkoon has a median house price of $175,000, which has dropped significantly by 39% year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 14.9%. The median monthly mortgage repayment is $1,517.
Public transport access includes 9 bus stops. 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 14.9%, which reads as high yield. Property prices sit below the state median ($175K/$1.5M), which can point to relative value. The price-to-income ratio of 3.2x is considered affordable. House prices have moved -39.0% 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.