Lower Acacia Creek is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2476). With a population of 36, the suburb has a predominantly older resident base with a median age of 59. Households earn a median income of $68K 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 +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 machinery operators & drivers, managers, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in Lower Acacia Creek sit at $95,000, little changed on a year ago. The current median weekly rent is $375. This gives a gross rental yield of approximately 20.5%. The median monthly mortgage repayment is $747.
The crime rate in the Tenterfield LGA is moderate at 5,235 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 20.5%, which reads as high yield. Property prices sit below the state median ($95K/$1.5M), which can point to relative value. The price-to-income ratio of 1.4x is considered affordable. House prices have moved +0.0% 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.