Jindabyne is a smaller suburb in New South Wales within the Snowy Monaro Regional local government area (postcode 2627). The area has roughly 2,986 residents and a mix of young professionals and families, with a median age of 32. Households earn a median income of $107K per year, with an average household size of 2.5 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 community & personal service, managers, technicians & trades. Employment in the area leans toward accommodation & food and arts & recreation. The top ancestries reported are English, Australian, Scottish.
Median house prices in Jindabyne stand at $1.3 million, having moved higher by 4.1% over the last twelve months. Units have a median price of $770,000 (+1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,636.
Jindabyne is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1045, which is around the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.3% (moderate yield). Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 12.0x is considered stretched. House prices have moved +4.1% year-on-year.