Located in New South Wales within the Snowy Monaro Regional local government area, Grosses Plain is a small, quiet locality (postcode 2627). With a population of 34, the suburb has a settled, mature resident base with a median age of 49. Households earn a median income of $143K per year, with an average household size of 3 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 community & personal service, professionals, sales. Employment in the area leans toward public admin & safety and retail trade. The top ancestries reported are Australian, English, Scottish.
The median house price in Grosses Plain is $640,000, broadly unchanged over the past year. The current median weekly rent is $800. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $2,275.
Public transport access includes 3 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
From an investment perspective, Grosses Plain shows a gross rental yield of approximately 6.5%, rated as high yield. Property prices sit below the state median ($640K/$1.5M), which can point to relative value. The price-to-income ratio of 4.5x is considered affordable. House prices have moved +0.0% year-on-year.