Located in New South Wales within the Bega Valley local government area, New Buildings is a sparsely populated locality (postcode 2550). The area has roughly 31 residents and a more retirement-aged population, with a median age of 65. Households earn a median income of $36K per year, with an average household size of 1.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 community & personal service, professionals, labourers. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Australian, Aboriginal Australian.
The current median weekly rent is $470. The median monthly mortgage repayment is $1,083.
Public transport access includes 3 bus stops. The crime rate in the Bega Valley LGA is below average at 2,313 incidents per 100,000 population.
On the investment side, Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.