Located in New South Wales within the Murray River local government area, Mathoura is a close-knit residential community (postcode 2710). It is home to about 1,002 residents, with an older-leaning population and a median age of 51. Households earn a median income of $52K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% 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, labourers, technicians & trades. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are Australian, English, Irish.
Mathoura has a median house price of $334,000, which has declined steeply by 8.5% year-on-year. Units have a median price of $228,000 (-8.9% YoY). The current median weekly rent is $388. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,083.
Mathoura is served by 1 school, including 1 primary. The average ICSEA score is 943, which is below the national average of 1,000. Public transport access includes 1 rail station, 11 bus stops. The crime rate in the Murray River LGA is below average at 3,467 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 6.0% (high yield). Property prices sit below the state median ($334K/$1.5M), which can point to relative value. The price-to-income ratio of 6.5x is considered moderate. House prices have moved -8.5% year-on-year. Population growth of +2.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.