Milparinka is a sparsely populated locality in New South Wales within the Unincorporated NSW local government area (postcode 2880). The area has roughly 67 residents and a younger, working-age population, with a median age of 30. Households earn a median income of $98K per year, with an average household size of 3.6 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -1.2% 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. Employment in the area leans toward agriculture and utilities. The top ancestries reported are Australian, English, German.
The current median weekly rent is $350. The median monthly mortgage repayment is $1,734.
Looking at the investment signals, Population growth of -1.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.