Located in New South Wales within the Port Macquarie-Hastings local government area, Lower Pappinbarra is a sparsely populated locality (postcode 2446). The area has roughly 136 residents and an older-leaning population, with a median age of 51. Households earn a median income of $59K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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, technicians & trades, professionals. Employment in the area leans toward construction and agriculture. The top ancestries reported are Australian, English, Irish.
The median house price in Lower Pappinbarra is $570,000, having fallen sharply by 19.7% over the past year. The current median weekly rent is $535. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,517.
Public transport access includes 5 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.9%, which reads as moderate yield. Property prices sit below the state median ($570K/$1.5M), which can point to relative value. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -19.7% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.