Mandemar is a small, quiet locality in New South Wales within the Wingecarribee local government area (postcode 2575). With a population of 64, the suburb has an older-leaning population with a median age of 47. Households earn a median income of $102K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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, managers. Employment in the area leans toward agriculture and admin services. The top ancestries reported are English, Australian, Scottish.
Mandemar has a median house price of $3.0 million, which has risen steeply by 56.4% year-on-year. The current median weekly rent is $780. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,500.
Public transport access includes 3 bus stops. The crime rate in the Wingecarribee LGA is low at 1,470 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.3% (low yield). Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.0x is considered stretched. House prices have moved +56.4% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.