Dobies Bight (postcode 2470) is a sparsely populated locality in New South Wales within the Kyogle local government area. It is home to about 117 residents, with an established demographic and a median age of 42. Households earn a median income of $82K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 managers, labourers, professionals. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Irish.
Dobies Bight has a median house price of $1.1 million, holding roughly steady year-on-year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,717.
Public transport access includes 12 bus stops. The crime rate in the Kyogle LGA is below average at 2,334 incidents per 100,000 population.
From an investment perspective, Dobies Bight shows a gross rental yield of approximately 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 14.0x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.