Mandurama is a small, quiet locality in New South Wales within the Blayney local government area (postcode 2792). The area has roughly 345 residents and an older-leaning population, with a median age of 50. Households earn a median income of $66K 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 +0.8% 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 managers, labourers, technicians & trades. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are English, Australian, Irish.
Median house prices in Mandurama stand at $290,000, having declined steeply by 26.6% over the last twelve months. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,400.
Public transport access includes 2 rail stations, 12 bus stops. The crime rate in the Blayney LGA is below average at 2,080 incidents per 100,000 population.
On the investment side, Mandurama shows a gross rental yield of approximately 4.5%, rated as moderate yield. Property prices sit below the state median ($290K/$1.5M), which can point to relative value. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -26.6% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.