Jerrabomberra is a mid-sized suburb in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2619). It is home to about 9,601 residents, with an established family demographic and a median age of 38. Households earn a median income of $177K 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 professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Jerrabomberra is $1.3 million, having risen solidly by 7.7% over the past year. Units have a median price of $706,000 (+9% YoY). The current median weekly rent is $790. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,405.
Jerrabomberra is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1088, which is above the national average of 1,000. Public transport access includes 55 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.2% (moderate yield). Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +7.7% year-on-year.