Neville is a sparsely populated locality in New South Wales within the Blayney local government area (postcode 2799). The area has roughly 229 residents and an established demographic, with a median age of 42. Households earn a median income of $81K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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, technicians & trades, professionals. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Irish.
Median house prices in Neville stand at $397,000, having risen modestly by 1.1% over the last twelve months. The current median weekly rent is $550. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,300.
Neville is served by 1 school, including 1 primary. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Blayney LGA is below average at 2,080 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 7.2% (high yield). Property prices sit below the state median ($397K/$1.5M), which can point to relative value. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +1.1% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.