Located in New South Wales within the Lithgow local government area, Palmers Oaky is a quiet locality (postcode 2795). The area has roughly 38 residents and a predominantly older resident base, with a median age of 57. Households earn a median income of $67K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.5% 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, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The current median weekly rent is $550. The median monthly mortgage repayment is $1,753.
The crime rate in the Lithgow LGA is moderate at 4,772 incidents per 100,000 population.
Looking at the investment signals, Population growth of -0.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.