Krambach is a sparsely populated locality in New South Wales within the Mid-Coast local government area (postcode 2429). The area has roughly 382 residents and a mature demographic, with a median age of 52. Households earn a median income of $64K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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 technicians & trades, managers, clerical & administrative. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Scottish.
Median house prices in Krambach stand at $725,000, having moved higher by 4.3% over the last twelve months. The current median weekly rent is $435. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,300.
Krambach is served by 1 school, including 1 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 3 rail stations, 22 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($725K/$1.5M), which can point to relative value. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +4.3% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.