Graman is a small, quiet locality in New South Wales within the Gwydir local government area (postcode 2360). It is home to about 102 residents, with an established demographic and a median age of 38. Households earn a median income of $49K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, community & personal service, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
Graman has a median house price of $115,000, holding roughly steady year-on-year. The current median weekly rent is $420. This gives a gross rental yield of approximately 19.0%. The median monthly mortgage repayment is $600.
Public transport access includes 4 bus stops. The crime rate in the Gwydir LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Graman shows a gross rental yield of approximately 19.0%, rated as high yield. Property prices sit below the state median ($115K/$1.5M), which can point to relative value. The price-to-income ratio of 2.3x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.