Located in New South Wales within the Upper Hunter Shire local government area, Dry Creek is a quiet locality (postcode 2337). With a population of 50, the suburb has an established demographic with a median age of 39. Households earn a median income of $123K per year, with an average household size of 3.3 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, sales, professionals. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are Australian, English, Irish.
Dry Creek has a median house price of $600,000, holding roughly steady year-on-year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $2,850.
Public transport access includes 4 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,369 incidents per 100,000 population.
Looking at the investment signals, Dry Creek shows a gross rental yield of approximately 4.8%, rated as moderate yield. Property prices sit below the state median ($600K/$1.5M), which can point to relative value. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +0.0% year-on-year.