Hovells Creek (postcode 2794) is a quiet locality in New South Wales within the Hilltops local government area. The area has roughly 27 residents and a settled, mature resident base, with a median age of 51. Households earn a median income of $72K 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 -0.2% 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, machinery operators & drivers. The top ancestries reported are Australian, Scottish, English.
Hovells Creek has a median house price of $155,000, holding roughly steady year-on-year. The current median weekly rent is $400. This gives a gross rental yield of approximately 13.4%. The median monthly mortgage repayment is $2,234.
The crime rate in the Hilltops LGA is below average at 3,254 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 13.4%, which reads as high yield. Property prices sit below the state median ($155K/$1.5M), which can point to relative value. The price-to-income ratio of 2.2x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.