Emerald Hill (postcode 2380) is a sparsely populated locality in New South Wales within the Gunnedah local government area. It is home to about 137 residents, with an established family demographic and a median age of 39. Households earn a median income of $89K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. 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 mining. The top ancestries reported are Australian, English, Irish.
Emerald Hill has a median house price of $940,000, holding roughly steady year-on-year. The current median weekly rent is $540. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,686.
Public transport access includes 4 rail stations, 7 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,777 incidents per 100,000 population.
Looking at the investment signals, Emerald Hill shows a gross rental yield of approximately 3.0%, rated as low yield. Property prices sit below the state median ($940K/$1.5M), which can point to relative value. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.