Located in New South Wales within the Yass Valley local government area, Marchmont is a sparsely populated locality (postcode 2582). It is home to about 285 residents, with an established demographic and a median age of 42. Households earn a median income of $166K per year, with an average household size of 3.2 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 managers, professionals, clerical & administrative. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Marchmont is $1.2 million, having dropped significantly by 13.5% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,644.
Public transport access includes 13 bus stops. The crime rate in the Yass Valley LGA is low at 1,642 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.5%, which reads as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 7.3x is considered moderate. House prices have moved -13.5% 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.