Junee is a mid-sized suburb in New South Wales within the Junee local government area (postcode 2663). With a population of 5,066, the suburb has an established family demographic with a median age of 39. Households earn a median income of $70K per year, with an average household size of 2.4 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -0.8% 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 labourers, community & personal service, technicians & trades. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are Australian, English, Irish.
Junee has a median house price of $627,000, which has risen steeply by 40.8% year-on-year. Units have a median price of $210,000 (-29.4% YoY). The current median weekly rent is $420. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,251.
Junee is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 2 rail stations, 134 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Junee LGA is below average at 2,561 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.5% (moderate yield). Property prices sit below the state median ($627K/$1.5M), which can point to relative value. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +40.8% year-on-year. Population growth of -0.8% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.