Located in New South Wales within the Dubbo Regional local government area, Mookerawa is a sparsely populated locality (postcode 2820). With a population of 24, the suburb has a more retirement-aged population with a median age of 60. Households earn a median income of $49K per year, with an average household size of 1.5 people. 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, professionals, clerical & administrative. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are English, Australian, German.
Median house prices in Mookerawa sit at $580,000, little changed on a year ago. The current median weekly rent is $430. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $907.
The crime rate in the Dubbo Regional LGA is moderate at 6,970 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.9% (moderate yield). Property prices sit below the state median ($580K/$1.5M), which can point to relative value. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +0.0% year-on-year.