Located in New South Wales within the Kyogle local government area, Horseshoe Creek is a small, quiet locality (postcode 2474). It is home to about 69 residents, with an older-leaning population and a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 machinery operators & drivers, managers, clerical & administrative. Employment in the area leans toward construction and retail trade. The top ancestries reported are Australian, English, Scottish.
Median house prices in Horseshoe Creek stand at $950,000, having risen steeply by 131.7% over the last twelve months. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,558.
Public transport access includes 11 bus stops. The crime rate in the Kyogle LGA is below average at 2,334 incidents per 100,000 population.
From an investment perspective, Horseshoe Creek shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), which can point to relative value. The price-to-income ratio of 13.3x is considered stretched. House prices have moved +131.7% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.