Located in New South Wales within the Greater Hume Shire local government area, Lankeys Creek is a small, quiet locality (postcode 2644). It is home to about 60 residents, with an older-leaning population and a median age of 51. Households earn a median income of $72K per year, with an average household size of 2.4 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 managers, professionals, technicians & trades. Employment in the area leans toward accommodation & food and agriculture. The top ancestries reported are English, Australian, Irish.
The median house price in Lankeys Creek is $750,000, broadly unchanged over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,049.
Public transport access includes 4 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,298 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.6% (low yield). Property prices sit below the state median ($750K/$1.5M), which can point to relative value. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +0.0% year-on-year.