Jerseyville is a sparsely populated locality in New South Wales within the Kempsey local government area (postcode 2431). It is home to about 132 residents, with a settled, mature resident base and a median age of 50. Households earn a median income of $53K 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 +0.4% 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 managers, clerical & administrative, labourers. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Irish.
Median house prices in Jerseyville stand at $640,000, having dropped significantly by 28.9% over the last twelve months. The current median weekly rent is $520. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,419.
Public transport access includes 4 bus stops. The crime rate in the Kempsey LGA is moderate at 7,255 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.2% (moderate yield). Property prices sit below the state median ($640K/$1.5M), which can point to relative value. The price-to-income ratio of 12.1x is considered stretched. House prices have moved -28.9% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.