Main Arm (postcode 2482) is a small community in New South Wales within the Byron local government area. The area has roughly 640 residents and an older-leaning population, with a median age of 45. Households earn a median income of $73K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% 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 professionals, managers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Main Arm stand at $1.1 million, having increased by 5% over the last twelve months. The current median weekly rent is $742. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,733.
Public transport access includes 28 bus stops. The crime rate in the Byron LGA is moderate at 4,232 incidents per 100,000 population.
On the investment side, Main Arm shows a gross rental yield of approximately 3.5%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.2x is considered stretched. House prices have moved +5.0% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.