Nevertire (postcode 2826) is a small, quiet locality in New South Wales within the Warren local government area. With a population of 135, the suburb has an older-leaning population with a median age of 47. Households earn a median income of $75K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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, community & personal service. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are English, Australian, Scottish.
Nevertire has a median house price of $193,000, which has jumped by 140.6% year-on-year. The median weekly rent is $165 (Census 2021). This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $2,000.
Public transport access includes 7 bus stops. The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.5% (moderate yield). Property prices sit below the state median ($193K/$1.5M), which can point to relative value. The price-to-income ratio of 2.6x is considered affordable. House prices have moved +140.6% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.