Kains Flat (postcode 2850) is a sparsely populated locality in New South Wales within the Mid-Western Regional local government area. It is home to about 219 residents, with a settled, mature resident base and a median age of 46. Households earn a median income of $85K per year, with an average household size of 2.8 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 technicians & trades, clerical & administrative, machinery operators & drivers. Employment in the area leans toward mining and healthcare. The top ancestries reported are English, Australian, Aboriginal Australian.
Kains Flat has a median house price of $740,000, which has moved higher by 2.1% year-on-year. The current median weekly rent is $590. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Public transport access includes 14 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.1% (moderate yield). Property prices sit below the state median ($740K/$1.5M), which can point to relative value. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +2.1% year-on-year.