Furracabad is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2370). The area has roughly 49 residents and a settled mid-life population, with a median age of 42. Households earn a median income of $68K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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, technicians & trades. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $350. The median monthly mortgage repayment is $1,750.
Public transport access includes 11 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,717 incidents per 100,000 population.
From an investment perspective, Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.