Dunedoo (postcode 2844) is a close-knit residential community in New South Wales within the Warrumbungle Shire local government area. With a population of 1,097, the suburb has a mature demographic with a median age of 51. Households earn a median income of $51K per year, with an average household size of 2.2 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, labourers, professionals. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Irish.
Dunedoo has a median house price of $380,000, which has risen solidly by 5.6% year-on-year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,083.
Dunedoo is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 68 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Warrumbungle Shire LGA is moderate at 5,386 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.7% (low yield). Property prices sit below the state median ($380K/$1.5M), which can point to relative value. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +5.6% year-on-year.