Muswellbrook (postcode 2333) is an established suburb in New South Wales within the Muswellbrook local government area. The area has roughly 12,272 residents and a mix of young professionals and families, with a median age of 35. Households earn a median income of $83K 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 +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 technicians & trades, machinery operators & drivers, labourers. Employment in the area leans toward mining and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Muswellbrook is $665,000, having jumped by 15.7% over the past year. Units have a median price of $365,000 (+17.7% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,517.
Muswellbrook is served by 6 schools, including 4 primary, 1 secondary, 1 combined. The average ICSEA score is 916, which is below the national average of 1,000. Public transport access includes 2 tram stops, 314 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Muswellbrook LGA is moderate at 6,216 incidents per 100,000 population.
On the investment side, Muswellbrook shows a gross rental yield of approximately 4.3%, rated as moderate yield. Property prices sit below the state median ($665K/$1.5M), which can point to relative value. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +15.7% 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.