Located in New South Wales within the Cabonne local government area, March is a small, quiet locality (postcode 2800). It is home to about 118 residents, with an established demographic and a median age of 42. Households earn a median income of $101K 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 +0.0% 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 technicians & trades, managers, community & personal service. Employment in the area leans toward construction and mining. The top ancestries reported are Australian, English, Scottish.
March has a median house price of $310,000, which has risen steeply by 10.7% year-on-year. The current median weekly rent is $550. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $1,800.
Public transport access includes 5 bus stops. The crime rate in the Cabonne LGA is low at 1,859 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 9.2% (high yield). Property prices sit below the state median ($310K/$1.5M), which can point to relative value. The price-to-income ratio of 3.1x is considered affordable. House prices have moved +10.7% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.