Middle Brother (postcode 2443) is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area. It is home to about 52 residents, with a predominantly older resident base and a median age of 59. Households earn a median income of $70K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 labourers, technicians & trades, managers. Employment in the area leans toward retail trade and accommodation & food. The top ancestries reported are English, Australian, Irish.
Median house prices in Middle Brother sit at $525,000, little changed on a year ago. The current median weekly rent is $470. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,625.
Public transport access includes 1 bus stop. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 4.7%, which reads as moderate yield. Property prices sit below the state median ($525K/$1.5M), which can point to relative value. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.