Located in New South Wales within the Hawkesbury local government area, Kurmond is a close-knit residential community (postcode 2757). It is home to about 850 residents, with an established family demographic and a median age of 43. Households earn a median income of $101K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 professionals, managers, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Kurmond has a median house price of $1.2 million, which has jumped by 27.3% year-on-year. The current median weekly rent is $730. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,500.
Kurmond is served by 1 school, including 1 primary. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 2 bus stops. The crime rate in the Hawkesbury LGA is below average at 2,682 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.0% (moderate yield). Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.4x is considered stretched. House prices have moved +27.3% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.