Macksville (postcode 2447) is a smaller residential area in New South Wales within the Nambucca Valley local government area. With a population of 2,782, the suburb has a mature demographic with a median age of 47. Households earn a median income of $49K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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 community & personal service, labourers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
The median house price in Macksville is $620,000, having ticked up by 1.6% over the past year. Units have a median price of $370,000 (-4.1% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,300.
Macksville is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 948, which is below the national average of 1,000. Public transport access includes 1 rail station, 15 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.2% (moderate yield). Property prices sit below the state median ($620K/$1.5M), which can point to relative value. The price-to-income ratio of 12.6x is considered stretched. House prices have moved +1.6% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.