Located in New South Wales within the Armidale Regional local government area, Dumaresq is a small, quiet locality (postcode 2350). The area has roughly 80 residents and a settled mid-life population, with a median age of 42. Households earn a median income of $88K per year, with an average household size of 2.5 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, professionals, labourers. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, Irish.
Dumaresq has a median house price of $437,000, holding roughly steady year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,500.
Public transport access includes 15 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,143 incidents per 100,000 population.
On the investment side, Dumaresq shows a gross rental yield of approximately 5.7%, rated as high yield. Property prices sit below the state median ($437K/$1.5M), which can point to relative value. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +0.0% year-on-year.