Located in New South Wales within the Mid-Western Regional local government area, Eurunderee is a quiet locality (postcode 2850). With a population of 186, the suburb has a settled, mature resident base with a median age of 50. Households earn a median income of $134K per year, with an average household size of 2.7 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, professionals, technicians & trades. Employment in the area leans toward manufacturing and accommodation & food. The top ancestries reported are English, Australian, Scottish.
The median house price in Eurunderee is $1.2 million, having dropped significantly by 18.3% over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,950.
Public transport access includes 23 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
Looking at the investment signals, Eurunderee shows a gross rental yield of approximately 2.5%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 9.1x is considered moderate. House prices have moved -18.3% year-on-year.