Jennings (postcode 4383) is a quiet locality in New South Wales within the Tenterfield local government area. The area has roughly 168 residents and a predominantly older resident base, with a median age of 59. Households earn a median income of $41K per year, with an average household size of 1.9 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 community & personal service, labourers, managers. Employment in the area leans toward construction and retail trade. The top ancestries reported are Australian, English, Irish.
Jennings has a median house price of $300,000, which has climbed sharply by 13.2% year-on-year. The median weekly rent is $195 (Census 2021). This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,116.
Jennings is served by 1 school, including 1 primary. The average ICSEA score is 795, which is well below the national average of 1,000. Public transport access includes 2 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,235 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.4% (moderate yield). Property prices sit below the state median ($300K/$1.5M), which can point to relative value. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +13.2% 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.