Located in New South Wales within the Muswellbrook local government area, Muscle Creek is a sparsely populated locality (postcode 2333). It is home to about 313 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $160K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% 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 machinery operators & drivers, technicians & trades, clerical & administrative. Employment in the area leans toward mining and retail trade. The top ancestries reported are Australian, English, Irish.
The median house price in Muscle Creek is $955,000, having risen modestly by 1.1% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,383.
Public transport access includes 6 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,216 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.0%, which reads as low yield. Property prices sit below the state median ($955K/$1.5M), which can point to relative value. The price-to-income ratio of 6.0x is considered affordable. House prices have moved +1.1% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.