Located in New South Wales within the Upper Lachlan Shire local government area, Jerrawa is a small, quiet locality (postcode 2582). With a population of 106, the suburb has a mature demographic with a median age of 52. Households earn a median income of $98K per year, with an average household size of 2.7 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 managers, clerical & administrative, sales. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are Australian, English, Irish.
The median house price in Jerrawa is $345,000, having dropped significantly by 23.3% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 8.7%. The median monthly mortgage repayment is $1,499.
Public transport access includes 9 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,619 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 8.7% (high yield). Property prices sit below the state median ($345K/$1.5M), which can point to relative value. The price-to-income ratio of 3.5x is considered affordable. House prices have moved -23.3% year-on-year.