Euston is a close-knit residential community in New South Wales within the Balranald local government area (postcode 2737). The area has roughly 822 residents and a mix of young professionals and families, with a median age of 36. Households earn a median income of $84K 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 -0.5% 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, labourers, clerical & administrative. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are Australian, English, Italian.
Median house prices in Euston stand at $423,000, having climbed sharply by 34.1% over the last twelve months. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,083.
Euston is served by 1 school, including 1 primary. The average ICSEA score is 929, which is below the national average of 1,000. Public transport access includes 3 tram stops, 58 bus stops. The crime rate in the Balranald LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($423K/$1.5M), which can point to relative value. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +34.1% year-on-year. Population growth of -0.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.