Elong Elong is a small, quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2831). With a population of 142, the suburb has an established family demographic with a median age of 43. Households earn a median income of $60K per year, with an average household size of 2.4 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, technicians & trades, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
Median house prices in Elong Elong stand at $483,000, having surged by 65.8% over the last twelve months. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $867.
Public transport access includes 10 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,970 incidents per 100,000 population.
From an investment perspective, Elong Elong shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices sit below the state median ($483K/$1.5M), which can point to relative value. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +65.8% year-on-year.