Nerriga is a sparsely populated locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 77, the suburb has a mature demographic with a median age of 54. Households earn a median income of $55K per year, with an average household size of 2 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, community & personal service. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are English, Australian, Scottish.
Median house prices in Nerriga stand at $700,000, having jumped by 33.3% over the last twelve months. The current median weekly rent is $495. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $680.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,419 incidents per 100,000 population.
On the investment side, Nerriga shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +33.3% year-on-year.