Maclean is a smaller residential area in New South Wales within the Clarence Valley local government area (postcode 2463). It is home to about 2,778 residents, with a more retirement-aged population and a median age of 56. Households earn a median income of $50K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 professionals, labourers, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Maclean stand at $749,000, having risen steeply by 12.2% over the last twelve months. Units have a median price of $475,000 (-1% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,387.
Maclean is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 962, which is around the national average of 1,000. Public transport access includes 16 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.2% (moderate yield). Property prices sit below the state median ($749K/$1.5M), which can point to relative value. The price-to-income ratio of 14.9x is considered stretched. House prices have moved +12.2% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.