East Jindabyne is a small locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2627). The area has roughly 1,067 residents and a mix of young professionals and families, with a median age of 37. Households earn a median income of $122K per year, with an average household size of 2.7 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 professionals, managers, technicians & trades. Employment in the area leans toward accommodation & food and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in East Jindabyne is $1.2 million, having dropped significantly by 11.6% over the past year. Units have a median price of $1.4 million (+33% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,167.
Public transport access includes 18 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.4%, which reads as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.0x is considered moderate. House prices have moved -11.6% year-on-year.