Loadstone is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). It is home to about 34 residents, with a more retirement-aged population and a median age of 57. Households earn a median income of $49K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable 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 managers, machinery operators & drivers, professionals. The top ancestries reported are English, Australian, Scottish.
Loadstone has a median house price of $165,000, holding roughly steady year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 15.8%. The median monthly mortgage repayment is $1,612.
Public transport access includes 2 bus stops. The crime rate in the Kyogle LGA is below average at 2,334 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 15.8% (high yield). Property prices sit below the state median ($165K/$1.5M), which can point to relative value. The price-to-income ratio of 3.3x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.