Eungai Rail (postcode 2441) is a small, quiet locality in New South Wales within the Nambucca Valley local government area. It is home to about 208 residents, with a mature demographic and a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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 labourers, sales, community & personal service. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are Australian, English, Irish.
Eungai Rail has a median house price of $500,000, which has ticked up by 1% year-on-year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,083.
Public transport access includes 3 rail stations, 3 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.7% (moderate yield). Property prices sit below the state median ($500K/$1.5M), which can point to relative value. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +1.0% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.