Jinden (postcode 2622) is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area. It is home to about 20 residents, with an older demographic and a median age of 56. Households earn a median income of $47K per year, with an average household size of 1.9 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 top ancestries reported are Australian, Scottish, English.
The median house price in Jinden is $295,000, broadly unchanged over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 8.3%.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 8.3% (high yield). Property prices sit below the state median ($295K/$1.5M), which can point to relative value. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +0.0% year-on-year.