Dungog is a close-knit residential community in New South Wales within the Dungog local government area (postcode 2420). The area has roughly 1,983 residents and an older-leaning population, with a median age of 52. Households earn a median income of $54K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
The median house price in Dungog is $585,000, having eased back by 2.5% over the past year. Units have a median price of $201,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,300.
Dungog is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Dungog LGA is below average at 2,110 incidents per 100,000 population.
Looking at the investment signals, Dungog shows a gross rental yield of approximately 5.3%, rated as high yield. Property prices sit below the state median ($585K/$1.5M), which can point to relative value. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -2.5% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.