Eumungerie is a small, quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2822). It is home to about 384 residents, with an established demographic and a median age of 43. Households earn a median income of $67K per year, with an average household size of 2.6 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, labourers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Eumungerie stand at $165,000, having fallen sharply by 53.5% over the last twelve months. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,300.
Eumungerie is served by 1 school, including 1 primary. The average ICSEA score is 879, which is well below the national average of 1,000. Public transport access includes 1 rail station, 13 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,970 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 6.3%, which reads as high yield. Property prices sit below the state median ($165K/$1.5M), which can point to relative value. The price-to-income ratio of 2.5x is considered affordable. House prices have moved -53.5% year-on-year.