Hazelgrove (postcode 2787) is a small, quiet locality in New South Wales within the Oberon local government area. The area has roughly 97 residents and an older demographic, with a median age of 58. Households earn a median income of $92K 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 +0.1% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, clerical & administrative, professionals. Employment in the area leans toward manufacturing and education. The top ancestries reported are English, Australian, Irish.
The median house price in Hazelgrove is $720,000, having declined steeply by 31.8% over the past year. The current median weekly rent is $405. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,517.
Public transport access includes 7 bus stops. The crime rate in the Oberon LGA is low at 1,713 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.9% (low yield). Property prices sit below the state median ($720K/$1.5M), which can point to relative value. The price-to-income ratio of 7.8x is considered moderate. House prices have moved -31.8% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.