Euroka (postcode 2440) is a quiet locality in New South Wales within the Kempsey local government area. With a population of 348, the suburb has a mature demographic with a median age of 48. Households earn a median income of $98K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% 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, professionals, technicians & trades. Employment in the area leans toward construction and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Euroka stand at $1.2 million, having risen steeply by 48.1% over the last twelve months. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,690.
Public transport access includes 4 bus stops. The crime rate in the Kempsey LGA is moderate at 7,255 incidents per 100,000 population.
On the investment side, Euroka shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +48.1% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.