Located in New South Wales within the Kempsey local government area, Fishermans Reach is a quiet locality (postcode 2441). The area has roughly 144 residents and a more retirement-aged population, with a median age of 59. Households earn a median income of $38K per year, with an average household size of 1.9 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 labourers, managers, community & personal service. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in Fishermans Reach stand at $755,000, having moved lower by 6% over the last twelve months. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $975.
Public transport access includes 1 bus stop. The crime rate in the Kempsey LGA is moderate at 7,255 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($755K/$1.5M), which can point to relative value. The price-to-income ratio of 19.6x is considered stretched. House prices have moved -6.0% 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.